Apparel and Textile News Trade Info News

MEIS rates on Garments and Made-ups has gone upto 6 %

The Cotton Textiles Export Promotion Council (Texprocil), Chairman, Ujwal Lahoti has expressed his satisfaction over the 2 per cent hike on all exportable goods by the government and said, “The Mid Term Review of Foreign Trade is progressive and growth oriented. The government has recognized the urgent need to address the challenges being faced by […]

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December 14, 2017
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Export Prospects of the Apparel Sector were drastically affected : AEPC

Apparel and Textile News Trade Info News

Export Prospects of the Apparel Sector has been drastically affected : AEPC

As compared to the last year in October, apparel exports decline by 40 per cent and the Apparel Export Promotion Council (AEPC) has shown concern and started engaging with different policymakers to resolve the issue that is hampering the apparel industry after the new tax regime system implementation. They have already made several presentations to […]

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November 18, 2017
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Awareness Programme on Guidelines to Common Service Providers by TEA

TEA informs that despite the issuance of public Notice No.33/2015-20 Dated 23rd September 2016 and Trade Notice No. 18/2016 dated 23rd September 2016 by categorizing job working units, such as Knitting, Dyeing, Compacting, Printing, Embroidering, Labelling and Cutting for garment manufacturing as Common Service Provider (CSP) mainly to facilitate for import of machinery under EPCG […]

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February 13, 2017
18 Comments
164 Views

Apparel and Textile News Apparel Brands and Companies Ministry of Textiles News

Rs. 100 Crore Fine For Four Surat Firms For Duty Evasion

Directorate General of Foreign Trade (DGFT) has imposed a Rs. 100-crore penalty on four Surat-based textile companies for misusing Export Promotion of Capital Goods (EPCG) schemes to claim duty-free imports without fulfilling the conditions required. The four companies Nirmal Polyesters Pvt Ltd, Krishna Trading company, Pradeep Kumar Nirmal Kumar Ltd and Meenu Exim Pvt Ltd […]

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February 19, 2015
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Apparel and Textile News Apparel Brands and Companies

India To Continue Sops For Textile Exporters

In a major relief for textile exporters struggling to maintain their share in an uncertain global market, India has decided to continue with export sops for the sector in the new fiscal and, probably, the following two years as well. This is despite the US demanding that such incentives be done away with immediately. Washington […]

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February 17, 2015
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128 Views

South Indian Cotton Yarn Market Remains Steady Ahead

Bangladesh Fabric And Yarn Imports Decline 3.20% In

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MEIS rates on Garments and Made-ups has gone upto 6 %

Export Prospects of the Apparel Sector has been drastically affected : AEPC

Awareness Programme on Guidelines to Common Service Providers by TEA

Rs. 100 Crore Fine For Four Surat Firms For Duty Evasion

India To Continue Sops For Textile Exporters