RBI/2012-13/519
UBD.BPD. (AD) Cir.No.4/13.05.000/2012-13
June 4 , 2013
The Chief Executive Officer
Scheduled Primary (Urban) Co-operative Banks
(holding AD Category I licence)
Dear Sir/Madam
Interest Rates on Rupee Export Credit -UCBs
Please refer to our circular UBD.BPD.(AD).Cir.No.2/13.05.000/2012-13 dated January 22, 2013 on the captioned subject, extending the interest subvention of 2% up to March 31, 2014 on pre and post shipment rupee export credit to specified export sectors.
2. The Government of India has decided to widen the interest subvention scheme to include the following sectors for the period April 1, 2013 to March 31, 2014.
- Export of ITC (HS) and textiles goods to 6 tariff lines as per the list given in Annex – I.
- Additional 101 tariff lines in engineering goods sector in addition to the existing 134 lines, as per the list given in Annex- II.
3. A directive No. UBD.BPD.Dir. (Exp) No.10 /13.05.000/2012-13 dated May 31, 2013 issued in this regard is enclosed.
4. All other terms and conditions mentioned in our circular dated January 22, 2013 remain unchanged.
Yours faithfully
(A.K. Bera)
Principal Chief General Manager
Encl: as above
|
ITC(HS) |
ITC(HS) Description |
|
|
1 |
6301 |
Blankets and Travelling Rugs |
|
2 |
6302 |
Bed Linen, Table Linen, Toilet Linen and Kitchen Linen |
|
3 |
6303 |
Curtains (Including Drapes) and Interior Blinds; Curtain or Bed Valances |
|
4 |
6305 |
Sacks and Bags, of a Kind used for the Packing of Goods |
|
5 |
6306 |
Tarpaulins, Awnings and Sunblinds; Tents; Sails for Boats, Sailboards or Landcraft; Camping Goods |
|
6 |
6307 |
Other Made up Articles, Including Dress Patterns |
|
Export of Engineering items (4-digit ITCHS wise) for the year 2012-13 |
||
|
ITC (HS) |
Description of Items |
|
|
1 |
6601 |
UMBRLS & SUN-UMBRLS (INCL WLKNG-STCK UMBRLS GRDN UMBRLS & SMLR UMBRLS) |
|
2 |
7216 |
ANGLS, SHAPES & SCTNS OF IRON / NON-ALLOY STL |
|
3 |
7217 |
WIRE OF IRON OR NON-ALLOY STEEL |
|
4 |
7218 |
STAINLESS STEEL IN INGOTS OR OTHER PRIMARY FORMS; SEMI-FINISHED PRODUCTS OF STAINLESS STEEL |
|
5 |
7219 |
FLT-RLLD PRDCTS OF STAINLESS STL OF WDTH>=600 MM |
|
6 |
7221 |
BARS AND RODS, HOT-ROLLED, IN IRREGULARLY WOUND COILS, OF STAINLESS STEEL |
|
7 |
7223 |
WIRE OF STAINLESS STEEL |
|
8 |
7225 |
FLT-RLLD PRDCTS OF OTHR ALLOY STL OF WDTH 600 MM OR MORE |
|
9 |
7226 |
FLT-RLD PRDCTS OF A WIDTH OF <600 MM |
|
10 |
7228 |
OTHR BARS, RODS, ANGLS, SHPS, SCTNS OF OTHR ALLOY STL, HOLLOW DRILL BARS & RODS OF ALLOY OR NON-ALLOY STL |
|
11 |
7302 |
RLY & TRMY TRACK CONSTRCTN MATRL OF IRON OR STL, E. G.RALS, RACK RALS ETC SWTCH BLADS SLEEPRS, TIES & OTHR MATRL FOR FIXNG RAILS |
|
12 |
7407 |
COPPER BARS, RODS AND PROFILES |
|
13 |
7604 |
ALUMINIUM BARS, RODS AND PROFILES |
|
14 |
7605 |
ALUMINIUM WIRE |
|
15 |
7606 |
ALMNM PLTS, SHTS & STRP OF THCKNS>0.2 MM |
|
16 |
7608 |
ALUMINIUM TUBES AND PIPES |
|
17 |
7609 |
ALUMINIUM TUBE OR PIPE FITTINGS (FOR EXAMPLE, COUPLINGS, ELBOWS, SLEEVES) |
|
18 |
7610 |
ALMNM STRCTRS & PRTS OF STRCTRS (BRDGS TOWRS,ROOFS ETC.) ALMNM PLATES-RODS PROFILES ETC. PRPD FOR USE IN STRCTR |
|
19 |
7616 |
OTHER ARTICLES OF ALUMINIUM |
|
20 |
8301 |
PDLCKS LOCKS (KEY ETC) OF BASE MTL; CLSPS & FRMS WTH CLSPS, INCRPRTNG LCKS, OF BASE MTL; KEYS FOR FRGNG ARTCLS OF BASE METAL |
|
21 |
8302 |
BASE METAL MOUNTINGS, FITTINGS AND SIMILAR ARTICLES SUITABLE FOR FURNITURE, DOORS, STAIRCASES, WINDOWS, BLINDS, COACHWORK, SA |
|
22 |
8303 |
ARMORD / REINFRCD SAFES STRONG BOXS & DOORS & SAFE DPOST LCKRS FR STRNG ROOMS CSH / DEEDBOXS ETC OF BASE METAL |
|
23 |
8304 |
FILING, CABINETS, CARD-INDEX CABINETS, PAPER TRAYS, PAPER RESTS, PEN TRAYS, OFFICE-STAMP STANDS AND SIMILAR OFFICE OR |
|
24 |
8305 |
FITNGS FR LOOSE LEAF BINDRS / FILS LETR CLPSLETR CRNRS PAPR CLPS INDXNG TGS & SMLR OFFCE ARTCLS STPLS IN STRIPS OF BS MTL |
|
25 |
8306 |
BELS GONGS & THE LIKE NON ELCTRC OF BSE METL STATUETTES ETC OF BSE METL PHOTGRPH PICTR, FRMS, MIRRORS ETC OF BSE METL |
|
26 |
8307 |
FLXBL TUBNG OF BSE METL WTH / WTHOUT FTNGS |
|
27 |
8308 |
CLASPS, FRAMES WITH CLASPS, BUCKLES, BUCKLE-CLASPS, HOOKS, EYES, EYELETS AND THE LIKE, OF BASE METAL, OF A KIND USED FO |
|
28 |
8309 |
STPPRS, CAPS ETC INCL CROWN CORKS, SCRW CAPSETC CAPSLS FR BOTLS, THRD BUNGS, BUNG COVRS, SEALS & OTHR PCKNG ACCSSRS, OF BS MTL |
|
29 |
8310 |
SIGN PLTS, NAME PLTS, ADDRS PLTS & SMLR PLTSNUMBRS, LTTRS & SYMBOLS, OF BS MTL EXCLD OF HDG NO.9405 |
|
30 |
8311 |
WIRE, RODS, ELCTRDS ETC OF BS MTL / MTL CRBIDSCOATD / CORED WTH FLX MTRL FR SLDRNG BRAZNG ETC OF MTL / MTL CRBDS WIRE ETC FR MTL SPRNG |
|
31 |
8401 |
NUCLEAR REACTRS; FUEL ELMNTS (CARTRIDGES), NON-IRRADIATED, FR NUCLR REACTRS; MCHNRY AND APPARATUS FOR ISOTOPIC SEPARATION |
|
32 |
8407 |
SPARK-IGNITION RECIPROCATING OR ROTARY INTERNAL COMBUSTION PISTON ENGINES |
|
33 |
8408 |
COMPRESSION-IGNITION INTERNAL COMBUSTION PISTON ENGINES (DIESEL OR SEMI-DIESEL ENGINES) |
|
34 |
8413 |
PUMPS FOR LIQUIDS, WHETHER OR NOT FITTED WITH A |
|
35 |
8414 |
AIR / VACUUM PUMPS, AIR / OTHR GAS COMPRSRS & FANS; VNTLTNG / RCYCLNG HOODS INCRPRTNG A FAN, W / N FITTED WITH FILTERS |
|
36 |
8426 |
DERRICKS; CRNS,INCL CABLE CRNS; MOBL LFTNG FRMS, STRDL CRRS & WRKS TRCKS FTD WTH A CRN |
|
37 |
8477 |
MCHNR FR WRKNG RUBBR / PLSTCS / FR THE MNFCTR OF PRDCTS FROM THESE MTRLS, N.E.S. |
|
38 |
8479 |
MCHNS & MCHNCL APPLNCS HVNG INDVDL FUNCTNS, N.E.S. |
|
39 |
8481 |
TAPS, COCKS, VALVES AND SIMILAR APPLIANCES FOR PIPES, BOILER SHELLS, TANKS, VATS OR THE LIKE, INCLUDING PRESSURE-REDUCING VALV |
|
40 |
8482 |
BALL OR ROLLER BEARINGS |
|
41 |
8483 |
TRNSMSN SHFTS & CRNKS; GEARS;BALL SCREWS; BEARING HOUSING & OTHR PLAIN SHFT BEARINGS SPD CHNGRS INCL TORQUE CNVRTRSFFLYWHEELS; |
|
42 |
8484 |
GASKETS & SMLR JOINTS OF MTL SHTNG CMBND WTH OTHR MTRL; SETS / ASSRTMNTS OF GSKTS & SMLR JOINTS, PUT UP IN POUCHES, ENVLPS ETC |
|
43 |
8486 |
MACHINES AND APPARATUS OF A KIND USED SOLELY FOR THE MANUFACTURE OF SEMICONDUCTOR BOULES OR WAFERS, DEVICES, E |
|
44 |
8501 |
ELCTRC MOTRS & GENRTRS (EXCL GENRTNG SETS) |
|
45 |
8502 |
ELECTRIC GENERATING SETS AND ROTARY CONVERTERS |
|
46 |
8506 |
PRIMARY CELLS AND PRIMARY BATTERIES |
|
47 |
8511 |
ELCTRCL IGNTN / STRTNG EQPMNT FR SPRK-IGNTN ETC GNRTRS ETC & CUT OUTS OF A KIND USED IN CONJUNCTION WTH SUCH ENGINES |
|
48 |
8512 |
ELECRCL LIGTNG / SIGNALLING EQPMNT (EXCL ARTCLS OF HD NO.8539)WIND SCRN ETC USED FOR CYCLES / MOTOR VEHICLES |
|
49 |
8513 |
PORTBL ELCTRC LAMPS DESIGNED TO FUNCTION BY THEIR OWN SOURCE OF ENERGY OTHR THN LIGHTING EQPMNTS OF HDG NO.8512 |
|
50 |
8544 |
INSULATED (INCLUDING ENAMELLED OR ANODISED) WIRE, CABLE (INCLUDING CO-AXIAL CABLE) AND OTHER INSULATED ELECTRIC CONDUC |
|
51 |
8545 |
CRBN ELCTRDS, CRBN BRSHS, LAMP CRBNS ETC. OTHR ARTCLS OF GRAPHITE / OTHR CRBN, WTH / WTHOUT MTL OF A KND USED FOR ELCTRCL PURPS |
|
52 |
8546 |
ELECTRICAL INSULATORS OF ANY MATERIAL |
|
53 |
8547 |
INSLTNG FTTNGS FR ELCTRCL MCHNS ETC. ELECTRCL CONDUIT TUBING & JOINTS THEROF OFBSE MTL LINED WTH INSLTNG MATRL |
|
54 |
8548 |
WAST & SCRAP OF PRIMARY CELLS, BATRS & ELECTRC ACUMULTRS; SPENT PRMRY CELS, BATRSELCTRC ACUMULTRS, ELCTRCL PRTS OF MACH |
|
55 |
8601 |
RAIL LOCOMOTIVES POWERED FROM AN EXTERNAL SOURCE OF ELECTRICITY OR BY ELECTRIC ACCUMULATORS |
|
56 |
8603 |
SELF-PROPELLED RAILWAY OR TRAMWAY COACHES, VANS AND TRUCKS, OTHER THAN THOSE OF HEADING 8604 |
|
57 |
8604 |
RLWAY / TRMWAY MAINTNANC / SRVC VHCLS, W / N SLF PRPLD (E.G.WRKSHOPS, CRNS, BALAST TMPRS, TRCKLNRS, TSTNG COCHS & TRCK INSPCTN VHCLS) |
|
58 |
8606 |
RALWY / TRMWY GOODS VAN & WAGN,NT SELF-PRPLD |
|
59 |
8607 |
PRTS OF RLWAY / TRMWAY LCMTVS / ROLLNG-STOCK |
|
60 |
8608 |
RLWAY / TRMWAY TRCK FXTRS & FTNGS; MCHNCL & ELCTRO-MCHNCL SGNLNG, TRFC CNTRL EQPMNT FR ROADS, INLND WTRWAYS ETC, PRTS OF THE ABOVE |
|
61 |
8609 |
CONTAINERS (INCLUDING CONTAINERS FOR THE TRANSPORT OF FLUIDS) SPECIALLY DESIGNED AND EQUIPPED FOR CARRIAGE BY ONE OR MORE M |
|
62 |
8712 |
BICYCLES AND OTHER CYCLES (INCLUDING DELIVERY TRICYCLES), NOT MOTORISED |
|
63 |
8713 |
INVALID CARRIAGES, W / N MOTIRISED / OTHERWISE MECHANICALLY PROPELLED |
|
64 |
8802 |
OTHER AIRCRAFT (FOR EXAMPLE, HELICOPTERS, AEROPLANES); SPACECRAFT (INCLUDING SATELLITES) AND SUBORBITAL AND SPACECRAFT |
|
65 |
8804 |
PARACHUTES (INCLUDING DIRIGIBLE PARACHUTES AND PARAGLIDERS) AND ROTOCHUTES; PARTS THEREOF AND ACCESSORIES THERETO |
|
66 |
8805 |
AIRCRAFT LAUNCHING GEAR; DECK-ARRESTOR OR SIMILAR GEAR; GROUND FLYING TRAINERS; PARTS OF THE FOREGOING ARTICLES |
|
67 |
8901 |
CRUISE SHIPS, EXCURSION BOATS , FERRY- BOATS, CARGO SHIPS, BARGES AND SIMILAR VESSELS FOR THE TRANSPORT OF PERSONS OR GO |
|
68 |
9005 |
BINOCULAR & OTHR OPTCL TLSCOPS & MOUNTINGSTHRFR; OTHR ASTRNMCL INSTRUMNT & MOUNTNGS THRFR EXCPT THE INSTRMNT FOR RAD |
|
69 |
9006 |
PHTOGRPHC (EXCL CINEMATOGRAPHIC) CAMERAS PHOTOGRAPHIC FLSHLGHT APPARATUS & FLSHBLBSEXCPT DSCHRG LMPS OF HDG NO.8539 |
|
70 |
9007 |
CINEMATOGRAPHIC CAMERAS AND PROJECTORS, WHETHER OR NOT INCORPORATING SOUND RECORDING OR REPRODUCING APPARATUS |
|
71 |
9010 |
APARATS & EQPMNT FR PHOTOGRPHC (INCLD CINEMATOGRAPHC) LABORATORIS N.E.S.IN THIS CHAPTER; NEGATOSCOPES PROJECTION SCREENS |
|
72 |
9011 |
CMPND OPTCL MICROSCOPES, INCL THOSE FR MCROPHOTOGRPHY, MCROCENMTGRPHY / MICROPRJCTN |
|
73 |
9013 |
LIQD CRYSTL DVCS NT CNSTITUNG ARTCLS PRVDDFR MORE SPCFCLY IN OTHR HDNGS; LSRS, NT LSR DIODS; OTHR OPTCL APLNCS & INSTRMNTS N |
|
74 |
9015 |
SURVEYING, HYDROGRAPHIC, OCEANOGRAPHIC, HYDROLOGICAL, METEOROLOGICAL / GEOPHYSICAL INSTRMNTS & APPLNCS, EXCL COMPSS; RNGEFNDRS |
|
75 |
9016 |
BLNCS OF A SNSTIVTY OF 5 CG / BTR, W / N WTH WT |
|
76 |
9017 |
DRWNG, MRKNG-OUT / MTHMTCL CLCLTNG INSTRMNTS; INSTRMNTS FOR MSRNG LNTH, FR USE IN THE HND (E.G.MICROMTRS, CALLIPRS) N.E.S.IN THIS C |
|
77 |
9018 |
INSTRMNTS & APPLNCS USED IN MDCL, SURGCL, DNTL / VTRNRY SCNCS, INCL SCNTGRPHC APPRTS ELCTRO-MDCL APPRTS & SIGHT-TSTNG INSTRMNT |
|
78 |
9019 |
MCHNO-THRPY APLNCS; MSGE APRTS; PSYCHOLGCL APTTUD-TSTNG APRTS; OZON THRPY, OXYGN THRPY, AERSL THRPY, ARTFCL RSPRTN APPRTS ETC |
|
79 |
9021 |
ORTHPDC APLNCS, ARTFCL PRTS OF TH BODY; HRNGAIDS & OTHR APLNCS WHCH ARE WRN / CRRD / IMPLNTD IN THE BODY TO CMPNST DFCT / DSABLTY |
|
80 |
9023 |
INSTRMNTS, APRTS P MODLS DSIGND FOR DEMONSTRATIONAL PRPS, UNSUTBL FR OTHR USES |
|
81 |
9024 |
MCHNES & APLNCS FR TSTNG THE HRDNSS, STRNGTH, ELSTCTY, COMPRSSBLTY ETC OF MATRLS |
|
82 |
9025 |
HYDROMETERS & SMLR FLOATING INSTRUMENTS, THERMOMETERS, PYROMETERS ETC, RCORDNG / NT & ANY CMBNTN OF THESE INSTRMNTS |
|
83 |
9026 |
INSTRMNTS & APRTS FR MSRNG / CHKNG THE FLOW, LEVL,PRSR / OTHR VARIABLES OF LIQUID / GASES EXCL APPRTS OF HDG 9014, 9015, 9028 / 9032 |
|
84 |
9027 |
INSTRUMENTS AND APPARATUS FOR PHYSICAL OR CHEMICAL ANALYSIS (FOR EXAMPLE, POLARIMETERS, REFRACTOMETERS, SPECTROMETER |
|
85 |
9028 |
GAS, LQD / ELECTRICITY SUPPLY / PRODUCTION METERS, INCL CALIBRATING METERS THEREFOR |
|
86 |
9029 |
REVOLUTION COUNTERS, PRODUCTION COUNTERS, TAXIMETERS, MILEOMETERS, PEDOMETERS AND THE LIKE; SPEED INDICATORS AND TACHOMETERS |
|
87 |
9031 |
MEASURING OR CHECKING INSTRUMENTS, APPLIANCES AND MACHINES, NOT SPECIFIED OR INCLUDED ELSEWHERE IN THIS |
|
88 |
9033 |
PRTS & ACCESSORIES FR MACHINES, APPLIANCES, INSTRUMENTS / APPARATUS OF CHAPTER 90, NES |
|
89 |
9101 |
WRIST-WATCHES, POCKET-WATCHES AND OTHER WATCHES, INCLUDING STOP-WATCHES, WITH CASE OF PRECIOUS METAL OR OF METAL CLAD |
|
90 |
9102 |
WRIST-WATCHES, POCKET-WATCHES AND OTHER WATCHES, INCLUDING STOP WATCHES, OTHER THAN THOSE OF HEADING 9101 WRIST-WATCHES, |
|
91 |
9103 |
CLOCKS WITH WATCH MOVEMENTS, EXCLUDING CLOCKS OF HEADING 9104 |
|
92 |
9104 |
INSTRUMENT PANEL CLOCKS AND CLOCKS OF A SIMILAR TYPE FOR VEHICLES, AIRCRAFT, SPACECRAFT OR VESSELS |
|
93 |
9107 |
TIME SWITCHES WITH CLOCK OR WATCH MOVEMENT OR WITH SYNCHRONOUS MOTOR |
|
94 |
9108 |
WATCH MOVEMENTS, COMPLETE AND ASSEMBLED |
|
95 |
9109 |
CLOCK MOVEMENTS, COMPLETE AND ASSEMBLED |
|
96 |
9110 |
CMPLT WTCH / CLOCK MVMNTS, UNASSMBLD / PRTLY ASSMBLD (MVMNT SETS); INCMPLT WTCH / CLOCK MVMNTS, ASSMBLD; ROUGH WTCH / CLOCK MVMNTS |
|
97 |
9111 |
WATCH CASES AND PARTS THEREOF |
|
98 |
9112 |
CLOCK CASES AND CASES OF A SIMILAR TYPE FOR OTHER GOODS OF THIS CHAPTER, AND PARTS THEREOF |
|
99 |
9113 |
WATCH STRAPS, WATCH BANDS AND WATCH BRACELETS, AND PARTS THEREOF |
|
100 |
9402 |
MEDCL, SURGCL, DENTAL / VETRNRY FURNITR ETC BARBERS’ CHAIRS & SMLR CHAIRS; PRTS OF THE FOREGOING ARTICLES |
|
101 |
9405 |
LMPS & LIGHTING FTTNGS INCL SEARCH LIGHTS AND SPOTLIGHTS ETC N.E.S.ILLUMINATD SIGNS & THE LIKE WTH PRMNANT LGHT SORCE & PRTSNES |
UBD.BPD.Dir. (Exp).No.10/13.05.000/2012-13
May 31, 2013
Interest Rates on Rupee Export Credit
In exercise of the powers conferred by Sections 21 and 35 A of the Banking Regulation Act, 1949 read with Section 56, and in partial modification of its Directive UBD.BPD.Dir. (Exp).No.9 /13.05.000/2012-13 dated January 21, 2013, the Reserve Bank of India, being satisfied that it is necessary and expedient in the public interest so to do, hereby directs that, the Interest Subvention Scheme on Rupee Export Credit, valid upto March 31, 2014, has been widened to include (i) export of ITC (HS) and textile goods to 6 tariff lines (as per the list given in the Annex – I) and (ii) additional 101 tariff lines in engineering goods sector in addition to the existing 134 lines (as per the list given in Annex – II).
(S. Karuppasamy)
(Executive Director)
