Attention
of Authorized Dealers is invited to FE Circular No. 06
dated June 18, 2005 on the subject in terms of which 6%
R&D Support was allowed to the garment industry. Subsequently,
in accordance with MoC’s decision 6% R&D Support
was also allowed on export of readymade textile garments
from EPZ Units vide FE Circular No. 04 dated April 14,
2006.
In this regard, it is advised that MoC has clarified that
the facility of 6% R&D for textile units operating
in EPZ is available prospectively i.e. with effect from
April 14, 2006 as per rules & regulations. They are,
therefore, advised to adjust the claims of Textile Units
operating in EPZ if entertained prior to April 14, 2006,
under intimation to this Department on priority basis.
Authorized Dealers are advised to bring the above to the
notice of all their constituents.