Apparel and Textile News Trade Info News

Ludhiana Garment Traders Recorded A Decline Of 40% In Exports

Ludhiana garment traders noted a decline of around 40 per cent in exports this year feeling the pinch of Goods and Services Tax (GST) execution and rate reduction in duty drawback from 7.7 per cent to 2 per cent when compared to last year. Ludhiana is one of the key apparel manufacturing hubs of India […]

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December 28, 2017
66 Comments
402 Views

Apparel and Textile News Trade Info News

Post GST, erosion of competitiveness by 9 % : Anil Buchasia

AEPC’s EP-Chairman Anil Buchasia on Tuesday said, “Post GST, there is an erosion of competitiveness by around 9 per cent for garment exports. Although we have a GST refund now, there was no vat (value added tax) on our materials earlier.” Apparel exporters are losing competitiveness by around nine per cent in export markets after […]

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November 22, 2017
3 Comments
484 Views

Apparel and Textile News Trade Info News

AEPC welcomes new GST rates by the Council

The apparel exporters’ body, Apparel Export Promotion Council (AEPC) has welcomed the slew of measures taken by the GST Council at its 22nd meeting held on October 6 and said that the new measures will give immediate relief to the apparel exports sector which was going through a difficult and stressful phase due to various […]

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October 9, 2017
2 Comments
444 Views

Apparel and Textile News Trade Info News

New Duty Drawback rates for apparel by Indian Gov.

Due to global economic conditions, rupee overvaluation and uncertainties post by the GST regime, the industry is facing a continuous decline in exports has made the Government of India to announce new duty drawback rates for various export products including textile and garment for the year 2017-18, which will be effective from October one. The […]

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September 25, 2017
6 Comments
449 Views

Apparel and Textile News Global News

Tirupur Knitwear Exporters for making Wool items

Tirupur Knitwear apparel exporters are keen on developing and marketing wool-based products, considering that there is a huge potential for them in the global market, according to The Woolmark Company. The company recently conducted a secondary level workshop to impart knowledge about merino wool to exporters and manufacturers. The Woolmark Company had also conducted a […]

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June 12, 2017
4 Comments
690 Views

Apparel and Textile News Trade Info News

AEPC, Texprocil & TEA Seek continuation of ROSL Scheme

The Apparel Export Promotion Council (AEPC), the official body of apparel exporters in India, has sought continuation of the ‘Rebate of State Levies (ROSL) on Export of Garments’ scheme in its current form under the Goods and Services Tax (GST) regime. The GST Council will decide on tax rates for the textile and garment sector […]

appareltalk
June 1, 2017
3 Comments
397 Views

Apparel and Textile News Trade Info News

Newly elected team in FIEO

Apparel exporters took the lead as four elected members were from apparel export industry, in the election of Federation of Indian Export Organisation’s (FIEO) managing committee. For the post of regional chairman, (Northern Region) Priyanka Mittal, KRBL Limited, Noida defeated Ashwani Kumar of Victor Forgings, Jalandhar. In All India Basis context (recognized one- and two-star […]

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March 9, 2017
2 Comments
398 Views

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Tag: Apparel Exporters

Ludhiana Garment Traders Recorded A Decline Of 40% In Exports

Post GST, erosion of competitiveness by 9 % : Anil Buchasia

AEPC welcomes new GST rates by the Council

New Duty Drawback rates for apparel by Indian Gov.

Tirupur Knitwear Exporters for making Wool items

AEPC, Texprocil & TEA Seek continuation of ROSL Scheme

Newly elected team in FIEO