2. Application for the quota year 2000, are invited from
manufacturer-exporters for consideration for allotment of the quotas
under the above-mentioned system (MEE). Such applications in the
prescribed format (annexure-I) in duplicate alongwith enclosures and
complete in all respects, including supporting documents and affidavits,
accompanied by a demand draft of Rs. 500/-(Five Hundred) drawn in favour
of "The Cotton Textile Export Promotion Council, payable at Mumbai
put into a file cover, should reach the head office of the Cotton
Textile Export Promotion Council (TEXPROCIL), Engineering Centre 9,
Mathew Road, Mumbai-400 004 by 5.00 p.m. on or before 10-01-2000.
Applications received in any office other than the above-referred to
head office of the Cotton Textile Export Promotion Council (TEXPROCIL)
Mumbai will not be considered. Such applications received after the
above indicated due date and time and those that are deficient in any
respect, or are sent to any other offices of TEXPROCIL shall also not be
considered. Under no circumstances would the applications received
either in the other office(s) or late due to postal/courier service
delay or any other reason be considered at all, and all such
applications will automatically stand rejected. Applicants should send
one application for yarn, fabrics and made-ups of cotton, synthetics and
wools and in one file cover only. Individual applications for different
categories will be considered as multiple applications and only one
application out of all such applications will be considered.
3. For the manufacturer-exporters to be eligible for allotment
of quota under this system (MEE), the following conditions/requirements
are stipulated:-
i. The allotments thereunder shall be made to the
manufacturer-exporters in the above-mentioned segments who have made
substantial investment in the plant and machinery detailed in the
annexure-II of this Memorandum and conforming to the technology norms of
the Technology Upgradation Fund (TUF) Scheme as outlined in the
Government Resolution No. 28/1/99-CTI dated 31.3.99 (as amended from
time to time), towards modernisation and upgradation of technology in
their existing unit or in a new unit and have commenced production
during the base period.
ii. The Executive Director, TEXPROCIL, Mumbai shall be the
authority to decide the eligibility and entitlement of the these
applicants, within the meaning of this system and the terms and
conditions stipulated in this Memorandum, and his decision will be final
and binding.
iii. Allotment of the available quantities under this system
shall be only in respect of the goods manufactured in the production
unit(s) so modernised and upgraded, as determined by the Executive
Director, TEXPROCIL, Mumbai.
iv. Such quota shall be allotted on the basis of the 'Value' of
the machines listed in the said annexure-II. 'Value' for this purpose
shall mean the invoice value only, in the case of new machinery of
Indian origin. In regard to imported machinery (both new & second
hand), 'value' shall mean the C.I.F. value in rupee terms plus the
customs duty paid as per the customs authorities' assessed Bill of Entry
concerned. In no case shall its value include erection charges, local
freight charges or any other charges. Renovation of old machines and
replacement of spare parts will not be considered. Of the machinery item
stated annexure-II to this memorandum, only those items listed in and
conforming to the restrictions outlined in the para 3.2(2) of the TUF
notification dated 31.3.99 referred to in sub para 3(i) supra, will be
eligible for being considered as eligible second-hand machinery items.
Air-conditioning plant and other equipment will not be considered.
Machines on lease, installed during the base period, will be considered,
provided the lease agreement clearly stipulates that the ultimate
ownership of the leased machines will be in favour of the applicant
unit. The lease agreement should specify the detailed description,
quantity, status (new or second hand and imported or indigenous) &
value of each type of machine taken on lease, inter-alia. The clause
pertaining to ownership in the copy of the lease agreement to be
submitted, may be underlined/highlighted. In the event of the
above-referred to conditions in respect of leased machines not being
fulfilled, the investment in such leased machines will not be
considered. Details of the machinery (inter-alia with complete
specifications of speed) installed during the base period, i.e., from
1-7-1995 to 30-06-1999 as per the list in annexure-II, duly certified by
a Chartered Accountant or a Chartered Engineer or a Cost and Works
Accountant, segment wise for yarn, fabric and made-up, are required to
be submitted in this regard, in the prescribed proforma as at
annexure-IV of this memorandum. If a mill has more than one unit, it
should make one composite application, but the lists of the eligible
machines should be given unitwise alongwith one combined statement of
the machines installed, together with their values. The Chartered
Accountant (C.A.)/Chartered Engineer (C.E.)/Cost & Works Accountant
(C&WA) should give a clear and correct certificate to the effect
that the number of machines installed during the base period, with their
value, at the time of their purchases, have been verified and have been
found to be correct. The list of such machines should also be certified
by the same Chartered Accountant/Engineer/Cost & Works Accountant
indicating that the machines are installed at the locations mentioned in
the said list and that the applicant unit is under commercial
production.
