Home / Knowledge / News / Apparel/Garments / AEPC wants FTP rules simplified
AEPC wants FTP rules simplified
27
Jan '16
Indian garment exporters have called for simplifying key operational mechanisms in the export process under the new Foreign Trade Policy (FTP) announced last April.

The Apparel Export Promotion Council (AEPC) has asked the textiles ministry to simplify the policy's authorisation, inspection and classification norms, the Business Standard has reported.

The AEPC's main request is the withdrawal of the need for a landing certificate for exported goods, required as proof to claim benefits under the Merchandise Exports from India Scheme (MEIS). Introduced in April 2015, the scheme aims to boost sagging exports, covering tariff lines for 5,012 items that earn duty credits.

Exporters claim that getting the documents to show proof of landing at the destination country entails cost and delay. According to the AEPC, electronic shipping bills should be sufficient for declaration of intent. While filing the said bills, exporters are required to declare they are claiming rewards under MEIS and to mark 'Y' in the reward item box. Recently, many had complained of inefficient Customs house agents inadvertently ticking 'N'. Thus, though the item in many cases was eligible, once an 'N' had been ticked, such shipping bills were not transmitted to the online system run by the directorate general of foreign trade (DGFT).

To help exporters claim MEIS benefits in such cases, DGFT has allowed them to give physical copies of the shipping bills after filing an MEIS application to its regional authorities. However, this relaxation is restricted to exports made in April and May in 2015. The AEPC has demanded an extension of this facility.

The AECP has asked the government to emulate long-term garment exporting rival Bangladesh to facilitate easier transportation and avoid corruption by allowing vehicles carrying finished export merchandise and headed towards exit points like sea ports, airports and rail heads to display 'On Export Duty' signage. It has also asked for 'On Export Processing Duty' signage for vehicles carrying input material for production of export merchandise.

It has also called for proper identification and classification of goods from the current challan system.

To boost competitiveness, AEPC also wants the norms for advance authorisation for annual requirement be relaxed. Required for all duty exemption schemes, it has asked the authorisation be allowed for garment exporters only based on past performance.

Earlier this month at the India International garment Fair (IIGF), AEPC Chairman Ashok G Rajani had called for a stimulus from the government, saying the garment export industry can potentially generate 2,200 jobs on every investment of Rs 30 crore. (SH)

Fibre2Fashion News Desk - India


Must ReadView All

Indian govt relaxes cabotage rule for cotton transport

Textiles | On 25th May 2018

Indian govt relaxes cabotage rule for cotton transport

The Government of India has relaxed cabotage rules for transportation ...

Courtesy: Teejay Lanka

Textiles | On 25th May 2018

Teejay Lanka doubles production capacity at Indian mill

Teejay Lanka, one of Sri Lanka’s largest textile manufacturers, has...

Courtesy: Messe Frankfurt/Yarn Expo Autumn edition

Textiles | On 25th May 2018

Yarn Expo Autumn 2018 scheduled earlier

Over 500 exhibitors are expected at the Yarn Expo Autumn 2018, being...

Interviews View All

Karin Ekberg
Leadership & Sustainability

Sustainable models are beneficial for brands, retailers and manufacturers

Top executives
Textile industry

Overall, Union budget 2018-19 is very balanced

Spokesperson
Hugo Boss

'Hugo Boss works with carefully selected sourcing partners'

Apurva Kothari

No Nasties was the first fashion brand in India to make 100 per cent...

Ravindra Jain, Ashish Baid

Oswal Prints Private Limited has been manufacturing and exporting ethnic...

Tejas N Patel, Navin D Patel

Founded in 1999 by Navin Patel in the name of Tejas Fabrics with 100...

Iago Castro Asensio
RCfil Distribuciones S.L.

Iago Castro Asensio, International Business Manager of RCfil...

Urs Stalder
Sanitized AG

Urs Stalder, CEO, Sanitized AG, talks about the increasing use of hygiene...

Silke Brand-Kirsch
Schlegel und Partner

Silke Brand-Kirsch, executive partner of Schlegel und Partner, a leading...

Robert Brunner
Devereux

Golfwear and menswear brand Devereux is set for greener pastures. Robert...

Aditi Somani
Aditi Somani

Aditi Somani specialises in luxury fusion wear with international cuts and ...

Yash P. Kotak
Bombay Hemp Company

One of the directors of Bombay Hemp Company, Yash P. Kotak, speaks to...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

Leave your Comments


May 2018

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

news category


Related Categories:

Advanced Search