All PPE export applications rejected as Commerce Ministry revises criteria

After all the export applications for PPE coveralls for rejected, the Commerce Ministry has issued revised procedure and criteria.

The Directorate General of Foreign Trade (DGFT) under the Commerce Ministry in a notice said that export quota for PPE coveralls for Covid-19 was fixed at 50 lakh per month as per notice dated June 29.

DGFT said all the applications between July 1-3 were examined and none of them fulfilled the criteria. 'All the applications, therefore, have been found ineligible for allocation of export quota," DGFT said.

It has now fixed revised procedure and criteria and exporters invited to send fresh online applications. Export of only 50 lakh units PPE medical coveralls for Covid-19 will be allowed every month. Exporters have been asked to apply online and no hard copy of the application is required.

For the month of July, online applications for PPE export as per revised criteria filed between July 22-24 will be considered.

From August onwards, applications filed between first to third day of each month will be considered for allocation of export quota.

The validity of the export licence will be for three month only, DGFT has specified.

--IANS

san/in


(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)


Dear Reader,


Business Standard has always strived hard to provide up-to-date information and commentary on developments that are of interest to you and have wider political and economic implications for the country and the world. Your encouragement and constant feedback on how to improve our offering have only made our resolve and commitment to these ideals stronger. Even during these difficult times arising out of Covid-19, we continue to remain committed to keeping you informed and updated with credible news, authoritative views and incisive commentary on topical issues of relevance.

We, however, have a request.

As we battle the economic impact of the pandemic, we need your support even more, so that we can continue to offer you more quality content. Our subscription model has seen an encouraging response from many of you, who have subscribed to our online content. More subscription to our online content can only help us achieve the goals of offering you even better and more relevant content. We believe in free, fair and credible journalism. Your support through more subscriptions can help us practise the journalism to which we are committed.

Support quality journalism and subscribe to Business Standard.

Digital Editor

Business Standard is now on Telegram.
For insightful reports and views on business, markets, politics and other issues, subscribe to our official Telegram channel