India : Continue existing Duty Drawback, ROSL scheme post GST: TEA

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Home / Knowledge / News / Apparel/Garments / Continue existing Duty Drawback, ROSL scheme post GST: TEA

Continue existing Duty Drawback, ROSL scheme post GST: TEA

28
Apr '17

Tiruppur Exporters' Association (TEA) has made requisitions to textiles minister Smriti Irani for continuance of existing Duty Drawback and Rebate of State Levies (ROSL) Schemes after the implementation of Goods and Services Tax (GST) for another two years. It has also requested to fix GST rate at 5 per cent for the textile sector as it is the biggest job creator.

TEA has also emphasised on the usage of manmade fibre (MMF) and production of MMF garments as it is the major requirements for the growth of the industry. Irani interacted with select exporters and office bearers of TEA after visiting Netaji Apparel Park (NAP) in New Tiruppur to observe the activities in one of the exporting unit in NAP.

Raja M Shanmugham, president, TEA, said the minister has promised to take efforts for inking trade agreements with EU, Britain, Australia and Canada. He also said that Irani immediately accepted the requisition for organising scientific conclave annually in Tiruppur by inviting all Textile Research Associations like SITRA, NITRA, BTRA, ATIRA and SASMIRA by which the findings and development of new products can be introduced to the knitwear garment sector.

The president of TEA added that after hearing the DNA of growth of Tiruppur, Irani was appreciative and said 'yesterday labour in Tiruppur is today owner' is a catch line and it should be popularised everywhere in the country which would attract many people from various places to come, work and set up their own units.

When the Zero Liquid Discharge and the investment made by Tiruppur entrepreneurs in production of power through wind mill and solar was mentioned to her, she lauded the efforts of Tiruppur entrepreneur and said she would ask the environmental ministry to setup an award and provide to the sustainable clusters which are keen in the protection of environment and production of green energy, according to a press note released by the association.

The minister also hailed the development of Tiruppur and expects that other clusters like Kanpur should also evolve like Tiruppur. She advised a delegation from Tiruppur exporters to visit Kanpur to help them follow the practices prevailing in Tiruppur. (KD)

Fibre2Fashion News Desk – India

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