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Perfect Sourcing - March 2019
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Master stroke of Govt before elections
Will industry gain benefit ????
Indian Union Cabinet finally announced their approval of the Scheme to Rebate State
and Central Embedded Taxes to support the textile and apparel. The scheme will
enable the Government to take various measures for making exports of apparel and
made-ups zero rated in order to help the exporters in terms of their competitiveness.
Textiles Secretary, Raghvendra Singh shared that the decision was needed as
incentives for apparel and made-ups under the Merchandise Exports from India
Scheme (MEIS) were not WTO compatible anymore beyond 31st December, 2018.
Apparel and made-ups segments are already supported under the Scheme for Rebate
of State Levies (RoSL). Under RoSL, the Centre gives garment exporters refunds
against all the levies they shell out at the state level.
Read More on www.perfectsourcing.net
Perfect Sourcing Description:
The leading publication for the Indian export textile & apparel Industry.The magazine is distributed free of cost at more than 30 national and international B2B fairs and exhibitions related to apparels, home textiles, hard goods, denims, machinery and, accessories. We have a good presence at industry conferences, seminars, symposiums, etc.With a circulation of 27,000 copies every month we offer you the opportunity to be in front of approx. 30,000 potential clients who are either the Chairman, MD’s, CEO’s CFO’s COO’s, Owners, production and merchandising teams in textile, home textile, fabric, testing, apparel, floor coverings, handicraft, rugs and retail market of India, who make decisions on company’s behalf.
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