The maximum increase of drawback rates on MMF textiles is by about 1.5 per cent and also the product of nylon filament yarn (dyed) has been added under drawback code as 540203 at the rate 6.7 per cent with a cap of ₹31.2/kg.
Aggarwal expressed his gratitude to the government for hearing SRTEPC’s plea and urged to consider the recommendations forwarded by the SRTEPC. Requesting for upward revision of the drawback rates, he said it would help the exporters face the competition in the overseas market.
He also thanked SRTEPC members for their kind cooperation and support in substantiating the data. He has also sought support and cooperation of the industry in the matter for more favourable rates in the future. (RKS)
Fibre2Fashion News Desk – India
| On 10th Apr 2021
Turkish exporters have seen a noteworthy surge in exports to the...
Those working in the woven cotton textile sub-sector in South Africa...
| On 10th Apr 2021
H&M has joined hands with Zalora and has launched on the e-commerce...
Main challenges are breakdown of supply chain and shrinkage of manpower
We are staring at livelihood crisis for weavers
Tech in fashion industry has hit acceleration button
Danitech was born from the will of a group of technicians to offer the...
P V Kadole
Nine co-operative organisations from Ichalkaranji came together to form an ...
It manufactures and retails menswear garments in India under the brand...
Steve McCullough & Marco Weichert
Functional Fabric Fair & Design and Development GmbH Textile Consult respectively
Functional Fabric Fair is a trade-exclusive event showcasing the latest...
Ventile is a registered trademark used to brand a special high-quality...
Dieffenbacher India Pvt Ltd
Germany-based Dieffenbacher Group is a producer of high-quality composites ...
Megha Kumari & Jigar Mali
Label Megha & Jigar
New Delhi based label Megha & Jigar blends India's unique handcrafts...
Sailesh Singhania Label
The Sailesh Singhania label was created to promote handwoven sarees and...
Sandeep Gonsalves & Sarah Gonsalves
Sarah & Sandeep
Established in 2012, Sarah & Sandeep is a luxury menswear label...
Letter to Editor
Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.
Subscribe today and get the latest information on Textiles, Fashion, Apparel.
Download Free Report
Rising Opportunities in Technical Textiles Market: 2020-2026
Thank you for showing interest in our free report on 'Rising Opportunities in Technical Textiles Market: 2020-2026'
You will receive an email shortly with a link to download the report and in case if you don't receive our email, you can write back to email@example.com.