QCOs for textiles have exempted imports for re-export purpose from the compliance of its requirements.
The Government has imposed Quality Control Orders (QCOs) for various products that include manmade fibre textiles products such as fibres and yarns. “Imports against advance authorisations need to be exempted from the requirements of QCOs”, said Bhadresh Dodhia, Chairman, The Synthetic & Rayon Textiles Export Promotion Council (SRTEPC).
Dodhia pointed out that QCOs for textiles have exempted imports for re-export purpose from the compliance of its requirements. “On similar lines, raw materials imported against advance authorisations are also used for the manufacture of finished products that are subsequently exported,†said Dodhia.
Dodhia stated that there are adequate in-built provisions and mechanisms under the Foreign Trade Policy to ensure that finished goods manufactured out of raw materials imported against advance authorisations are exported within the prescribed time frame.
Further, materials imported against advance authorisations are subject to Actual User Condition and are not transferable even after completion of the stipulated Export Obligationâ€, pointed out Dodhia. “However, QCOs are welcome as it will ensure availability of good quality raw materials in our country and will prevent import of sub-standard goodsâ€, concluded Dodhia.