February-2010
 

 

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PHMA is authorized to handle all products eligible for Drawback Scheme

PHMA has been authorized by the Ministry of Textile Industry vide notification No. 3(1)TID/09-P-I dated 15.2.2010 to handle following products for implementation of the scheme of Drawback of Local Taxes and Levies: Garments, Knitwear, Home Textiles, Socks, knitted hand gloves & bathrobes, knitted Towels and fabrics. Moreover, in the Annexure III, Para-d should be substituted with the following and will read as: “Copy of B/L- House Airway Bill along with Airway Bill (FCR along with Master Bill of Lading). Master Bill of Lading will be mandatory in cases of documents against payment (DPs) while it will not be mandatory in cases of Letters of Credit (LCs).” PHMA are advised to amend their application and members, who are yet not registered with Ministry of Textile Industry, are advised to file their applications for registration soonest possible.

 
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