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


Must ReadView All

Pic: Shutterstock

E-commerce | On 30th Nov 2020

France to impose 'digital tax' in 2020

France has decided to impose a new digital tax on big online...

Pic: University of York

Textiles | On 30th Nov 2020

UK scientists working to reduce textile industry waste

Scientists at the University of York and the Royal College of Art are ...

Pic: Material Exchange

Textiles | On 30th Nov 2020

Material Exchange raises €5 million for sustainability

Material Exchange has announced the closing of a €5 million funding...

Interviews View All

Saket Garg, Garg Corporation

Saket Garg
Garg Corporation

The biggest challenge is lack of skilled workforce and competition from...

Yash Maniyar, Rekha Maniyar

Yash Maniyar
Rekha Maniyar

Indian fashion market is growing at a staggering rate

Mohammad Mamun Ar Rashid, UL VS Bangladesh Ltd

Mohammad Mamun Ar Rashid
UL VS Bangladesh Ltd

Productivity, creativity and innovation play a vital role in the growth of ...

Italtex,

Italtex

Italtex is a leading studio publishing fabric trend-books since 1959....

Dr. Vijaya Kumar,

Dr. Vijaya Kumar

Dr MM Kariappa founded the Vogue Institute of Art & Design in 1996....

Kuldeep Pareek,

Kuldeep Pareek

Italian company Schoch Reeds has been producing high-quality weaving reeds ...

Madison Maxey, Loomia

Madison Maxey
Loomia

Loomia designs and manufactures soft circuit systems that can be produced...

Keith McMillen, Bebop Sensors

Keith McMillen
Bebop Sensors

Bebop Sensors' smart fabrics allows for a new level of interaction between ...

Suresh Patel, Sidwin Fabric

Suresh Patel
Sidwin Fabric

Sidwin Fabric is a manufacturer and exporter of polypropylene textiles and ...

Sailesh Singhania, Sailesh Singhania Label

Sailesh Singhania
Sailesh Singhania Label

The Sailesh Singhania label was created to promote handwoven sarees and...

Aditi Somani, Aditi Somani

Aditi Somani
Aditi Somani

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

Judy Frater, Somaiya Kala Vidya

Judy Frater
Somaiya Kala Vidya

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

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


November 2020

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


Advanced Search