Govt to release Rs 56,027 cr to exporters for pending tax refundsThis amount is over and above duty remission of Rs 12,454 crore for the Remission of Duties and Taxes on Export Products (RoDTEP) Scheme an...
09 Sep, 2021, 08.25 PM IST
Suspension of benefits under incentive schemes to affect exporting community's confidence: PHDCCIPHDCCI President Sanjay Aggarwal said, "The temporary suspension of disbursement of these scrips will have some impact on their confidence....
09 Jul, 2021, 07.04 PM IST
Apparel, made-ups exports get 1% ad hoc sopThe textile ministry has announced a special one-time additional ad hoc incentive of up to 1% of free on board (FoB) value for exports of a...
16 Jan, 2020, 08.10 AM IST
Commerce ministry proposes a new export incentives schemeThe new scheme will allow reimbursement of duties on export inputs and indirect taxes through freely transferrable scrips.
29 Jul, 2019, 11.58 PM IST
India’s exports won’t suffer even if existing benefits are quashed under WTO: CEPCThe industry has been rooting for broadening the ambit of the RoSL to more sectors since the government hasn’t been forthcoming on doling o...
30 Apr, 2019, 03.05 PM IST
Government clears scheme to rebate central, state embedded taxes for textiles sectorThe decision was taken at a meeting of the Union Cabinet chaired by Prime Minister Narendra Modi here.
07 Mar, 2019, 09.07 PM IST
Govt may provide Remission of State Levies to certain sectors for exportersCurrently, RoSL, which is to offset indirect taxes levied by states such as stamp duty, petroleum tax, electricity duty and mandi tax that ...
13 Jan, 2019, 12.04 PM IST
Government seeks Parliament's nod for Rs 11,698 crore additional expenditureThe government is seeking Parliament's nod to spend Rs 1,791.62 crore for the Agriculture Ministry, Rs 1,500 crore of the Textiles Ministry...
31 Jul, 2018, 11.14 PM IST
Delhi Customs launches special drive to help exporters get quick tax refundsThe move is part of a first-of-its-kind exercise organised by the department to further enhance ease of doing business. This ongoing specia...
09 Jun, 2018, 07.08 PM IST
Apparel package led to additional investments, job creation: SurveyThe findings of the survey conducted by the Apparel Export Promotion Council also suggested that Remission of State Levies had a positive i...
07 May, 2018, 10.18 PM IST
Facing WTO threat, government plans new schemes for job creationThe government is mulling new schemes linked to job creation and manufacturing clusters, especially in the case of textiles and apparel whe...
21 Apr, 2018, 07.06 AM IST
Textile exports likely to miss $45bn target for FY18"At best, we will come close to USD 40 billion," CITI (Confederation of Indian Textile Industry) President Sanjay Jain told , terming it a ...
01 Apr, 2018, 03.47 PM IST
Allocation for remission of State Levies for export of garments inadequate: SIMAAtul Ganatra, president, Cotton association of India said that the budget will be good for cotton industry.
01 Feb, 2018, 05.28 PM IST
Govt announces measures to boost garment exportsThe government has also doubled the rates for incentives under an export promotion scheme -- MEIS -- to 4 per cent for readymade garments a...
25 Nov, 2017, 06.37 PM IST
Reduction GST for MMF yarn from 18% to 12%: SIMAThe industry is happy that the government has reduced GST on MMF filament yarn and MMF spun yarn including filament sewing thread GST rate ...
07 Oct, 2017, 01.13 PM IST
GST: Government gives interim relief to garment, made ups exporters till September 30Government announces a "transitional arrangement" wherein garments and made ups exporters can claim Remission of State Levies at the rates ...
01 Aug, 2017, 08.59 PM IST
- Tirupur Exporters Assn plea to Centre on ROSL refund
ROSL has been pending for most of the garment exporting units and only a few got the amount partially till December, TEA president Raja M S...
26 Jun, 2017, 06.52 PM IST