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AEPC members to participate in HK Fashion Week S/S 2009

03 Apr '08
3 min read

i. A wait list of exporters shall be made whose participation is not confirmed after draw of lot.

The exporter, who has applied for participation in the fair, the withdrawal will be subject to following:

(a) 25% of participation charges will be forfeited if the exporter withdraws before the participation is confirmed in the Council and other participant on the wait list confirms their participation.

However, the forfeiture will be 35% of participation fees in case, there is no other participant on the wait list.

(b) 45% of the participation charges will be forfeited if the exporter withdraws after confirmation of participation by the Council and other exporters on wait list confirms their participation.

There will be forfeiture of 65% of participation fee if no other exporter is on the wait list. This will be implemented by AEPC automatically.

(c) In case the exporter is not able to participate, full forfeiture should apply.

(d) No representation shall be accepted if exporter fails to comply above regulation.

MDA Grant:
Market Development Assistance (MDA), as announced by the Ministry of Commerce and as amended from time to time, would be applicable.

As per the new MDA Guidelines, all exporters having export turnover of less then Rs.15 Crore in the year 2006-07 would be eligible.

Apparel Export Promotion Council

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