TEXPROCIL requests Indian textile minister to notify RoDTEP rates

13 Jul '21

2 min read

TEXPROCIL team comprising Dr Siddhartha Rajagopal, Sunil Patwari, and Manoj Patodia, with Indian textiles minister Piyush Goyal (3rd right) and Mos for textiles Darshana Jardosh (2nd right).

Cotton Textiles Export Promotion Council (TEXPROCIL) chairman Manoj Patodia recently appealed to textile minister Piyush Goyal to notify at the earliest the rates for the remission of duties and taxes on export products (RoDTEP) and maintain the rebate of state and central levies and taxes (RoSCTL) rates for made-ups under the RODTEP scheme.

Senior TEXPROCIL representatives met Goyal and minister of state handling the portfolio Darshana Jardosh on July 10 in Mumbai.

TEXPROCIL highlighted that the cotton textile sector is one of the few sectors that had witnessed a positive growth in 2020-21 despite the pandemic, a press release from the organisation said.

India’s exports of cotton textiles (including raw cotton) during fiscal 2020-21 reached $10,723 million as against $9,799 million in 2019-20, registering a growth of 9.43 per cent, Patodia said.

He requested the minister to remove the customs duty on cotton as extra-long staple branded cotton and contamination-free cotton are mainly imported.

He also urged the minister to include the textiles and clothing sector upfront in the ‘pre-negotiation scoping phase’ of the Indo-UK free trade agreement or any envisaged ‘early harvest’ programme to overcome the disadvantage faced by Indian exporters due to duty concessions already granted by UK to competing nations like Bangladesh , Pakistan, Vietnam, Turkey and Sri Lanka.

Fibre2Fashion News Desk (DS)

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