Apr '10
He further said that drawback rates might be reduced from 8 percent to 6.5 percent from the month of June, in case of an effective recovery of general exports.
The increase in drawback rates had been approved at the end of 2009, in order to support the exporters to deal with global financial crisis.
The exporters should get habituated to the fall in dollar exchange rate, stated the Minister, as it is anticipated that this rate will continue to drop in the short term on account of the stability of Peruvian economy.
Fibre2fashion News Desk - India
Must ReadView All
Textiles | On 22nd May 2017
GST to be biggest achievement of Modi govt: ASSOCHAM
Goods and Services Tax (GST) which is near a roll-out would be the...
Textiles | On 22nd May 2017
Maintaining NAFTA benefits is crucial: Cotton council
The US must remain a participant in a vibrant North American Free...
Apparel/Garments | On 22nd May 2017
Retailers ask Congress not to go for consumption tax
The National Retail Federation has asked US Congress to focus on...
Interviews View All
Pinkesh Jain
Everflow Petrofils Ltd
‘An innovative technology which India needs desperately is the...
Subhashini Srinivasan
The S Studio
Ethnicwear market will see an upward trend if uniqueness and quality are...
Nuno Venda
ROQ
‘There has been an increase in demand for water based inks, rather than...
Ashok Desai
Bombay Textile Research Association
Bombay Textile Research Association (BTRA) is a leading name in textile...
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...
Ritu Kumar
Label Ritu Kumar
‘Classics will return’ "There are a lot of people wearing western clothes ...
Karan Arora
Karan Arora
Bridal couture created with rich Indian heritage, exquisite craftsmanship...
Jay Ramrakhiani
Occasions Elegance Wear
It is believed that by early 19th century, Varanasi weavers had moved away ...
Recommended
news category
Related Categories:
E-News Insight
Latest News Update in Your Mail Box.
