Allotment, Utilisation and Transferability

(vii) MEE should be allotted in two parts, each consisting of 50% of the allotment. The first part will be valid from the date of allotment till the 31st May and second part will be valid till 30th September.

(viii) In case of MEE valid till 31st May, the quota holder shall get the endorsement on the certification of shipment in respect of the entitlement by 31st May. The certification will be valid for shipment upto 20th June of the quota year. Unutilised quotas (non-certified or non-shipped) shall lapse.

(ix) In case of MEE valid till 30th September, the quota holders can get the extension till 31st December on payment of BG/EMD at the rates and subject to other conditions mentioned in 5(vi), mutatis-mutandis.

(x) The applications for such extension shall be submitted, complete in all respects, before the expiry of the initial validity of the entitlement or within a grace period of three working days.

(xi) MEE shall NOT be transferable.


The Textile Commissioner will separately notify detailed guidelines and norms of eligibility for allotments under the PEE System after obtaining approval from the Ministry of Textiles.


Release Schedule

(i) Entitlement under the RGE System will be opened four times in the year. 40% of such entitlement will be released on the 10th of January, 30% on the 10th of April, 20% on the 10th of July and 10% on the 10th of October.

(ii) In addition to the quantities under this system, those that become available by way of surrenders, flexibilities or otherwise, may be released at any time, after giving adequate notice to the trade by the Quota Administering Authority concerned with the approval of the Ministry of Textiles.

Applications

(iii) Quantities shall be allotted against applications and on a day when available quantities are oversubscribed, eligibility shall be decided on the basis of unit value realisation among the applications received on that day.

Validity of allotments

(iv) Allotments will be valid for 50 days from the date of allotment. No extension will be granted.

System of allotment

(v) Allotments under the RGE system would be subject to EMD/BG @ 5% of FOB value of the quantity involved.

(vi) The Textile Commissioner may fix the maximum quantity, that can be applied for by an applicant for each country-category under this system per day in consultation with the Quota Administering Authority concerned.

Transferability

RGE allotments will NOT be transferable.

Reservation for Handlooms

Under US category 363 a quantity of 1 lac pieces of terry towels would be reserved for handlooms. The Ministry may also reserve quantities for handlooms under any other applicable country/category.

9. VALIDITY OF CERTIFICATION

(i) Validity of certification under the RGE System will be for a period of 50 days from the date of allotment unless otherwise specified.

(ii) Validity of PPE/MEE/PPT will be 50 days from the date of endorsement of the shipping bill or till the expiry of the entitlement certificate, whichever is earlier.

(iii) Notwithstanding the averments in para 8(iv) above, the Textile Commissioner may grant extension of validity period upto three working days in individual cases if he is satisfied that the exporter concerned could not export within the period due to circumstances beyond his control.

10. SLOW-MOVING ITEMS

(i) An item shall be notified as slow-moving, if, during the base year the utilisation has been less than 75% of the annual level for that year. The Quota Administering Authority shall notify the items that are slow moving, latest by 1st December of the previous year

(ii) Notwithstanding anything else contained in any of the provisions of this notification, for slow-moving items, EMD/BG would be charged @ 1% of FOB value for shipment under the Ready Goods Entitlement System.

(iii) The quantitative ceiling stipulated for the RGE system vide 8 (vi) above shall not be enforced.

(iv) This relaxation may, however, be withdrawn without advance notice.