Home / Knowledge / News / Apparel/Garments / DGFT adds new service providers in EPCG scheme
DGFT adds new service providers in EPCG scheme
24
Sep '16
Providing great relief to the job working units in garment clusters like Tirupur, the Director General of Foreign Trade (DGFT) has issued a notification which includes a list of service providers to be added under the Common Service Providers (CSP) in the Export Promotion Capital Goods (EPCG) scheme. The newly added CSP can now avail EPCG benefits.
 
The list of CSP under the EPCG scheme includes job workers or third party service providers. Citing an example the DGFT says, “There may be multiple garment exporters obtaining services at different stages of garment manufacturing, such as knitting, dyeing, compacting, printing, embroidering, labelling, cutting etc, from a number of other units who own these facilities but do not engage in the export of garments. These job workers will now have the flexibility to not own all the infrastructures for conversion from input to final export products, but are eligible to get benefits under the EPCG scheme.”
 
“The Tirupur Exporters' Association (TEA) has been continuously representing to exempt the job working units from the fulfilment of export obligation when they import machinery under EPCG Scheme,” TEA president Dr. A Sakhtivel said in a statement.
 
During his meeting with Union commerce minister Nirmala Seetharaman earlier this week in New Delhi, he specifically emphasised the need to exempt the job working units from fulfilment of obligation for the benefit of Tirupur cluster and the minister immediately agreed and assured to issue a Trade Notice in this regard, Sakthivel said.
 
Glad that the long awaited relief has seen light of the day, he added that the job working units are the backbone for the garment exporting units as only about 30 garment exporting units have the integrated facilities and others depend on job working units only for their manufacturing activities. (RKS)

Fibre2Fashion News Desk – India

Must ReadView All

Courtesy: Reliance Industries

Textiles | On 24th Apr 2017

Reliance’s FY17 revenue from petrochemicals up 12.2%

Increase in prices across polymers and polyester chain has...

Textiles | On 24th Apr 2017

India, Kazakhstan to increase cooperation in textiles

Indian and Kazakhstan are deliberating upon increasing cooperation in ...

Textiles | On 24th Apr 2017

GST reflects 'One nation, One aspiration' spirit: Modi

Prime Minister Narendra Modi has said that the Goods and Services Tax ...

Interviews View All

Jim Desai
Blaiva Fabricaa

Fashion industry likely to remain labour-intensive in coming years

Nuno Venda
ROQ

‘There has been an increase in demand for water based inks, rather than...

Mandeep Nagi
Shades of India

Women value something that is unique and has a flavour of India

Giorgio Mantovani
Corman S.p.A

Giorgio Mantovani, MD of Corman, with a presence in both Milano and New...

Kerem Durdag
Biovation II LLC

Kerem Durdag, CEO, Biovation II LLC, provides an insight into future...

Kai Poehler
Voith Paper GmbH & Co. KG

The glass mat industry is growing by five to eight per cent annually. Kai...

Pranav Mishra
Huemn

Designers Pranav Mishra and Shyma Shetty’s Huemn is known for its...

Judy Frater
Somaiya Kala Vidya

Among the many honours showered on Frater, including Fulbright and Ford...

Madhu Jain
Madhu Jain

She grew up in the walled city of Old Delhi, completed her studies, and...

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
April 2017

April 2017

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

SUBSCRIBE


Browse Our Archives

GO


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search