Exim Policy

With the new Union Commerce and Industry Minister taking charge the new Exim Policy will be announced by the beginning of July2004. The highlights of the Exim Policy 2002-07 pertaining to the Textile Industry are:

• Sample fabrics permitted duty free within the 3% limit for trimmings and embellishments.
  
• 10% variation in GSM be allowed for fabrics under Advance Licence.
  
• Additional items such as zip fasteners, inlay cards, eyelets, rivets, eyes, toggles, velcro tape, cord and cord stopper included in input output norms.
  
• Duty Entitlement Passbook (DEPB) rates for all kinds of blended fabrics permitted. Such blended fabrics to have the lowest rate as applicable to different constituent fabrics.
  

Section - 11 : Textiles and textile articles

• Chapter 50 : Silk
• Chapter 51 : Wool, fine or coarse animal hair; horsehair yarn and woven fabric
• Chapter 52 : Cotton
• Chapter 53 : Other vegetable textile fibres; paper yarn and woven fabrics of paper yarn
• Chapter 54 : Man-made filaments
• Chapter 55 : Man-made staple fibres
• Chapter 56 : Wadding, felt and nonwovens; special yarns; twine, cordage, ropes and cables and articles thereof
• Chapter 57 : Carpets and other textile floor coverings
• Chapter 58 : Special woven fabrics; tufted textile fabrics; lace; tapestries; trimmings; embroidery
• Chapter 59 : Impregnated, coated, covered or laminated textile fabrics; textile articles of a kind suitable for industrial use
• Chapter 60 : Knitted or crocheted fabrics
• Chapter 61 : Articles of apparel and clothing accessories, knitted or crocheted
• Chapter 62 : Articles of apparel and clothing accessories, not knitted or crocheted
• Chapter 63 : Other made up textile articles; sets; worn clothing and worn textile articles; rags