- Location
Duty Drawback
"-
AEPC Has Requested The Indian Government to Look Into Its Demands Favourably
Jul 14, 2015Virender Uppal, chairman Apparel Export Promotion Council (AEPC) has requested the Indian Government to look into its demands favourably. The AEPC has demanded inclusion of 2 per cent fabric within 5 per cent overall entitlement under ...
Tags: fabric, Apparel Export Promotion Council, garment industry
-
Textile Exporters in India Fail to Meet The Export Target for The Last Financial Year
Jun 4, 2015Textile exporters in India are a worried lot after failing to meet the export target for the last financial year, according to media reports. "These declining trends in exports are a matter of deep concern," Texprocil chairman R K Dalmia ...
Tags: Textile
-
All India Arrivals Have Dropped to Approximately 40000 Bales Per Day
May 18, 2015All India pressing figures till April 30, 2015 are approximately 336 lakh bales, while all India arrivals have dropped to approximately 40,000 bales per day. CCI has sold 6.68 lakh bales through e-auctions out of their procured stock of ...
Tags: garments, Indian Cotton Arrivals
-
Textiles Has The Lion's Share in India's Exports From Labour Intensive Sectors
Dec 15, 2014Textiles has the lion’s share in India’s exports from labour intensive sectors, according to data from the Directorate General of Commercial Intelligence and Statistics (DGCI&S), Kolkata, under the Ministry of Industry and ...
Tags: Labour Intensive, textile sector
-
Powerloom Is Seeking Re-Introduction of Duty Drawback Scheme
Nov 28, 2014The powerloom industry is seeking re-introduction of duty drawback scheme so as to involve more units in export of textiles. “Powerloom sector is facing lot of problems and so we need some relief,” M Duraisamy, who took over ...
Tags: Re-Introduction, Duty Drawback, Textile
-
TEXPROCIL Has Welcomed The Enhancement of Duty Drawback Rates on Textiles
Nov 24, 2014Chairman of the Cotton Textiles Export Promotion Council (TEXPROCIL) has welcomed the enhancement of duty drawback rates on textiles, by calling them positive and growth oriented. The government had earlier announced the new rates of duty ...
Tags: Cotton Textiles Export, Textile
-
SIMA Welcomed The Decision of The Duty Drawback Committee
Nov 21, 2014Chairman of The Southern India Mills’ Association (SIMA), T Rajkumar welcomed the decision of the Duty Drawback Committee and the Government for announcing enhanced rates and value caps for textiles and clothing products. The Duty ...
Tags: textile export, promotion councils, Apparel
-
AEPC Will Revision of Duty Drawback Rates for Apparel
Sep 18, 2014The Apparel Export Promotion Council (AEPC) has been constantly seeking an upward revision of duty drawback rates for garments for the past few months. In view of a proposal of duty drawback rate for 2014-15 expected to be submitted to ...
-
Pakistan Textile Exporting Industry Has Received a Bonanza From The Government
Aug 29, 2014The Pakistan textile exporting industry has received a bonanza from the government in the form of a duty drawback on customs duty paid on import of raw materials used in manufacture of textile products meant for export. Through a ...
Tags: Pakistan Textile, Import, Textile
-
Ministry of Textiles Has Fixed an Export Target of USD 45 Billion for Textile Products
Aug 13, 2014The Ministry of Textiles has fixed an export target of USD 45 billion for textile products for the year 2014-15, in consultation with the Industry. The target has not been revised. Exports of textile products are supported through ...
Tags: Textile Export, Textiles
-
GEA Has Sought Five Percent Increase in Duty Drawback Rate
Jun 26, 2014The New Delhi-based Garment Exporters Association (GEA) has sought five percent increase in duty drawback rate and capping of interest rate at seven percent, in its recommendations sent to the Ministry of Textiles, Government of India. ...
Tags: Textiles, Garment Exporters
-
Textiles Exporters Face a Huge Financial Crunch Due to Delay in Getting Duty Drawback
Apr 22, 2014A large number of textiles exporters are facing a huge financial crunch due to substantial delay in getting duty drawback since the last five months from all the major ports. According to Shri Manikam Ramaswami ,Chairman, “The ...
Tags: textiles, Textiles Export
-
The Government of Pakistan Raised The Country's Textile Export Target by US$ 2 Billion
Apr 9, 2014The Government of Pakistan has raised the country’s textile export target by US$ 2 billion for the coming year, Minister of Textile Industry Abbas Shah Afridi has said. Addressing the members of the All Pakistan Textile Mills ...
Tags: Pak Govt, Textile Export, textile
-
The Exports From India Are Likely to Miss The Target of US$ 43 Billion by About $1bn
Feb 28, 2014The exports of textiles and apparel from India are likely to miss the target of US$ 43 billion set for the current financial year by about $1 billion, Textiles Minister K Sambasiva Rao has said, Business Standard reported quoting PTI. ...
Tags: Indian Textile, Textile Exports, Apparel
-
CITI Welcomed The Restoration of Export Benefits Under Ieis
Jan 26, 2014Confederation of Indian Textile Industry (CITI) has welcomed the restoration of export benefits under Incremental Export Incentivisation Scheme (IEIS) vide Notification No.66 (RE-2013)/2009-2014 dated 23rd January 2014, on cotton yarn. In ...
Tags: textile products, new markets