The other Textiles products (excluding Chapters-61, 62 & 63) which are not covered under the RoSCTL shall be eligible to avail the benefits, under RoDTEP along with other products as finalised by Department of Commerce from the dates which shall be notified in this regard.
Continuation of RoSCTL for Apparel/ Garments and Made-ups is expected to make these products globally competitive by rebating all embedded taxes/ levies which are currently not being rebated under any other mechanism. It will also provide a level playing field for Indian textile exporters, apart from providing an opportunity for start-ups and entrepreneurs to create lakhs of jobs.
Tax Refund for Exported Products
In addition, to import duties and GST which are generally refunded, there are various other taxes/duties that are levied by Central, State and Local Government which are not refunded to the exporters. These embedded taxes and levies increase the price of Indian Apparel and Made-ups and make it difficult for them to compete in the international market.
هذه القصة مأخوذة من طبعة July 2021 من The Textile magazine.
ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.
بالفعل مشترك ? تسجيل الدخول
هذه القصة مأخوذة من طبعة July 2021 من The Textile magazine.
ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.
بالفعل مشترك? تسجيل الدخول
Bullish growth prospects for Indian home textile exporters: ICRA
Riding high on pandemic-induced lifestyle changes stemming from heightened consciousness about hygiene and increased prevalence of stay-at-home options, Indian home textile exporters are set to register robust performance during FY2022.
RAJAPALAYAM MILLS
Focus on Modernisation, Capacity Expansion and Value added products
Sutlej: Leadership through Transformation
Green fibre project to enhance global competitiveness
GANESHA ECOSPHERE expanding Recycled Polyester Staple Fibre capacity
The world is awakening to the pressing need to save the Mother Earth from drowning into the plastic pollution. People and countries across the globe are looking at alternatives to reduce the impact on the environment, and become more sustainable and greener.
WEAVERS IN POLE POSITION 2FAST accelerates performance with speed, quality and versatility
Speed by name and speed in performance…the brand new 2FAST rapier weaving machine from SMIT is built for ultimate productivity. Its compact design combines maximum output rates with quality and versatility. Made in Italy, it echoes the country’s traditions of speed in motorsports, with competitive performance that is also environmentally kind.
TWINE SOLUTIONS Spearheading a revolution
A technology start-up that has developed a proprietary and revolutionary digital on-demand thread dyeing system and a digital dye-to-match colour application, Twine Solutions now has a partner in India to explore the growing textile industry even as it continues to develop new products and solutions for its global outreach strategy
KUSTERS CALICO completes 25 years of Indian operations
Creates new benchmarks in the processing and finishing technology
Quality, efficiency and good service - this is what makes BRÜCKNER successful in Turkey
The Turkish family-owned company ARIKAN Mensucat Industry and Trade Inc. was founded in 1993 and is located in Kahramanmaras, one of the southernmost cities of the country.
NESTLING TECHNOLOGIES' i-Spin, a game changer in the spindle monitoring segment
‘i-Spin’ spindle monitoring system now gets added to Nestling Technologies’ portfolio. As such, a variety of analysis such as the whole year performance of the ring frame, lot-wise performance, etc. is now available instantly, which can be viewed from anywhere across the globe.
Trützschler establishes the Trützschler Foundation
The Mönchengladbach-based family-owned Trützschler company has created a charitable foundation: the Trützschler Foundation. The Foundation’s main focus is on supporting children and young people with learning and education, sport and exercise, and science and research.
