Home / Knowledge / News / Textiles / Commerce Ministry announces more sops for exporters
Commerce Ministry announces more sops for exporters
27
Feb '09
Ministry of Commerce & Industry announces Trade Facilitation Measures (Supplement to Foreign Trade Policy):

• DUTY CREDIT SCRIPS UNDER DEPB SCHEME TO BE ISSUED WITHOUT WAITING FOR REALIZATION OF EXPORT PROCEEDS
• SPECIAL PACKAGE OF RS.325 CRORE FOR LEATHER AND TEXTILES SECTOR
• THRESHOLD LIMIT FOR RECOGNITION AS PREMIER TRADING HOUSES REDUCED TO RS.7500 CRORE
• UNDER EPCG SCHEME, EXPORT OBLIGATION EXTENDED TILL 2009-10 FOR EXPORTS DURING 2008-09
• DEPB/DUTY CREDIT SCRIP UTILIZATION EXTENDED FOR PAYMENT OF DUTY FOR IMPORT OF RESTRICTED ITEMS ALSO
• PROCEDURE FOR CLAIMING DUTY DRAWBACK REFUND & REFUND OF TERMINAL EXCISE DUTY FURTHER SIMPLIFIED
• RE-CREDIT OF 4% SAD FOR VKGUY, FPS AND FMS ALLOWED
• A NEW OFFICE OF DGFT TO BE OPENED AT SRINAGAR
• VALUE CAP UNDER DEPB REVISED FOR TWO PRODUCTS
• ELECTRONIC MESSAGE TRANSFER FACILITY FOR ADVANCE AUTHORISATION AND EPCG TO BE ESTABLISHED
• EXPORT OBLIGATION PERIOD AGAINST ADVANCE AUTHORIZATIONS EXTENDED UP TO 36 MONTHS
• REIMBURSEMENT OF ADDITIONAL DUTY OF EXCISE LEVIED ON FUEL TO BE ADMISSIBLE FOR EOUS EARLY REFUND OF SERVICE TAX CLAIMS & FURTHER SIMPLIFICATION OF REFUND PROCEDURES ON THE ANVIL

Ministry of Commerce & Industry

Must ReadView All

Textiles | On 10th Dec 2016

India’s 2016-17 cotton import to touch 17 lakh bales

The import of cotton from international markets by spinning mills in...

Textiles | On 10th Dec 2016

US textile & apparel imports fall 6.50% in Jan-Oct ’16

The import of textiles and apparel by United States dropped 6.50 per...

Textiles | On 10th Dec 2016

Indian textile hubs adopt cashless payment modes

The textile ministry is promoting cashless payment within the...

Interviews View All

Sunil Rathore
Lacoste India

‘New vendor is welcome if he offers cost, quality and timely delivery’

Kamlesh Vaghela
RK Textiles

Very few machinery manufacturers have R&D units

Pratik Bachkaniwala
Palod Himson Machines

Fabric processing machines are picking up

Lynda Kelly
Suominen Corporation

Suominen Corporation is a manufacturer of nonwovens as roll goods for...

Kai Poehler
Voith Paper GmbH & Co. KG

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

Steve Cole
Xerium Technologies

Steve Cole of Xerium Technologies discusses the industry. Xerium is the...

Prathyusha Garimella
Prathyusha Garimella

Hyderabad-based designer Prathyusha Garimella is known for blending...

Igor Chapurin
Chapurin

"Now we can see the Russian trend in international fashion. And Russian...

Mike Hoffman
Gildan Activewear SRL

Gildan Activewear, a manufacturer and marketer of branded clothing 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
December 2016

December 2016

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

SUBSCRIBE


Browse Our Archives

GO


Advanced Search