Calcutta HC Confirms KMC Can Revise Property Valuation to Levy Tax In ?11.24 Crore Dispute  ||  Bom HC Cancels Bail of Accused Supplying Fake Medicines, Says it Weakens Public Trust in Healthcare  ||  MP HC: Oral, Anal Sex Between Married Couples Not Punishable under Section 377 IPC  ||  SC Says Respect For Higher Court Orders a Basic Principle, Rebukes Authority For Revisiting Order  ||  SC: Merits of Foreign Arbitral Awards Cannot be Re-Examined During Enforcement Proceedings  ||  SC: Failure to Sign Charge Sheet Doesn’t Invalidate Trial if Charges Were Properly Read to Accused  ||  Delhi HC: Bipolar Disorder Alone Does Not Qualify as Medical Disability Without Benchmark Criteria  ||  Kerala HC: Excommunicating Knanaya Catholics For Marrying Outside the Community is Unconstitutional  ||  Kerala HC: Temporary Use of Religious Land For Public Infrastructure is Not a ‘Transfer’ under Law  ||  P&H HC: Habeas Plea in Child Custody Case Not Maintainable if Child is With Natural Guardian and Safe    

Centre Taking Steps to Promote Textiles and Apparel Exports: Mos Textiles- (Press Information Bureau) (12 Mar 2018)

MANU/PIBU/0442/2018

Civil

The Central Government has taken several steps to improve textile and apparel exports. It has enhanced rates of Merchandise Exports from India Scheme (MEIS) from 2 per cent to 4 per cent for apparel and made-ups with effect from 1st November, 2017. This information was given by the Minister of State for Textiles, Ajay Tamta in a written reply in the Rajya Sabha today. He said, the government has also revised post-GST rates of Rebate of State Levies (RoSL) Scheme implemented from 1st October, 2017 and exempted IGST on import under Advance Authorization and Export Promotion Capital Goods Scheme. The Minister further said that the Finance Ministry has been requested for allocation of appropriate funds under RoSL for one time settlement of exporters' claim and faster and complete refund of Input Tax Credit.

In Reply to another question, the MoS Textiles said major issues raised by apparel industry include delay in Input Tax Credit (ITC) refunds, reduction in rates of Rebate for State Levies (RoSL) Scheme, appreciation of Indian Rupee, high Interest Rate and lack of Preferential Market Access as compared to competing nations. He said, the Government has constituted a Committee on Exports under the Revenue Secretary of Ministry of Finance for evolving a suitable strategy for promoting exports post implementation of GST.

Tags : TEXTILES   PROMOTION   STEPS  

Share :        

Disclaimer | Copyright 2026 - All Rights Reserved