MEIS Archives - Indian Apparel

Apparel and Textile News Trade Info News

AEPC raised an issue of refunding embedded Tax on Industry

The Apparel Export Promotion Council (AEPC) vice-chairman, A. Sakthivel has raised an issue during the meeting with Smriti Irani, Union Textiles Minister at her office in New Delhi recently. He discussed the issue of refunding of the embedded tax ranging from 4 to 5 per cent on the Textile Industry. He claims that it might […]

appareltalk
May 25, 2018
3 Comments
284 Views

Apparel and Textile News Ministry of Textiles News

Government taking initiative to boost Textiles and Apparel Exports

The Central Government has taken several steps to improve textile and apparel exports. It has enhanced rates of Merchandise Exports from India Scheme (MEIS) from 2 per cent to 4 per cent for apparel and made-ups with effect from 1stNovember 2017. This information was given by the Minister of State for Textiles, Ajay Tamta in […]

appareltalk
March 14, 2018
4 Comments
360 Views

Apparel and Textile News Trade Info News

Cotton Yarn Exports adversely affected in India : CITI

Deprived of various policy on export benefits such as MEIS and IES announced for MMF spun yarn and other segments in the textile value chain, India has noted a decline of 10.2 per cent in cotton yarn exports from 517 million kgs to 464 million kgs between April and September last year to the same […]

appareltalk
December 15, 2017
8 Comments
397 Views

Apparel and Textile News Trade Info News

Post-GST rates of ROSL to boost Apparel & Textiles sector

Indian Government has notified post-GST rates under Remission of State Levies (RoSL) scheme to support exports of readymade garments, made-ups and under AA-RoSL for garments, Government vide Notification No. 14/26/2010- IT dated 24th November 2017. The Post-GST rates of RoSL are upto a maximum of 1.70 per cent for cotton garments, 1.25 per cent for […]

appareltalk
November 27, 2017
4 Comments
300 Views

Apparel and Textile News Trade Info News

Many Powerloom Entrepreneurs are unaware about Gov Promotional Scheme

The awareness about the government promotional scheme is very low and most of the advantage of the scheme is taken by the powerloom entrepreneurs of Gujarat and Tamil Nadu, textile commissioner Dr Kavita Gupta said. In total there are 25 lakh powerlooms in the country, out of which 50 per cent are in Maharashtra. Irani, […]

appareltalk
November 27, 2017
21 Comments
343 Views

Apparel and Textile News Trade Info News

Enhanced MEIS for two subsectors of Textiles Industry

Public Notice no. 42 issued by The Directorate General of Foreign Trade (DGFT) under the Merchandise Exports from India Scheme (MEIS) by which rates for incentives for two subsectors of Textiles Industry, that is readymade garments and made ups have been enhanced from two percent to four percent of value of exports with effect from […]

appareltalk
November 27, 2017
3 Comments
288 Views

Apparel and Textile News Trade Info News

AEPC urges to address embedded Taxes on Exports

The Apparel Export Promotion Council (AEPC) has urged the Indian government to address the refund of embedded taxes on exports, ahead of the GST Council’s meeting on October 6. These taxes used in textiles include the levies on cotton, electricity, and input tax credit restrictions for man-made fibres which is purchased from unregistered dealers. Before […]

appareltalk
October 5, 2017
1 Comment
384 Views

Apparel and Textile News

Garment Exports Soar In April-January

Exports of readymade garments witnessed a positive growth of 4.5 per cent in INR terms and 1.0 per cent in US dollar terms during April-January, 2016-17, as compared to that of the same period previous year, minister of state for textiles, Ajay Tamta has said in a written reply to a question in Lok Sabha. […]

appareltalk
April 4, 2017
3 Comments
286 Views

Apparel and Textile News Trade Info News

Indian Carpet Export Rises Since Last 3 Years

India has been witnessing a steady rise in the export of handmade carpets and floor coverings since last three years. Carpet exports increased form Rs.7108.31 crore in FY13-14 to Rs.8441.95 crore in FY14-15, and then to Rs.9481.36 crore in FY15-16. In the ongoing financial year 2016-17, carpet exports have already touched Rs.5786.85 crore till October. […]

appareltalk
December 13, 2016
1 Comment
427 Views

Apparel and Textile News Trade Info News

TEA Thanks Sitharaman For Widening MEIS List

The Tiupur Exporters Association (TEA) has thanked commerce and industry minister Nirmala Sitharaman for the notice of Directorate General of Foreign Trade for including countries under Group C also to get two per cent of FOB value of exports as reward under Merchandise Exports from India Scheme (MEIS) in Foreign Trade Policy 2015 – 20. TEA president […]

appareltalk
May 6, 2016
29 Comments
279 Views

Apparel and Textile News Ministry of Textiles News

New Approach To Boost Textile Exports

The textile and the commerce ministries are now formulating new strategies to boost exports in the textile and clothing sector as it is the largest employment provider after agriculture, accounting for some 45 million jobs, according to official sources. The centre is seeking to make it more attractive for exporters to tap markets with immense […]

appareladmin
December 4, 2015
5 Comments
301 Views

Apparel and Textile News Trade Info News

Violation Of Global Trade Rule By India

The United States has raised issue over increase in incentive by India to support exports of several products which includes textile while expanding the scope of the Merchandise Exports from India Scheme (MEIS) this October. The Indian government has included exports of cotton fabrics, both woven and knitted, and made-ups to leading markets including African […]

appareltalk
November 20, 2015
3 Comments
263 Views

Gujarat Textile Exports Face Crisis As War Drives

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Tag: MEIS

AEPC raised an issue of refunding embedded Tax on Industry

Government taking initiative to boost Textiles and Apparel Exports

Cotton Yarn Exports adversely affected in India : CITI

Post-GST rates of ROSL to boost Apparel & Textiles sector

Many Powerloom Entrepreneurs are unaware about Gov Promotional Scheme

Enhanced MEIS for two subsectors of Textiles Industry

AEPC urges to address embedded Taxes on Exports

Garment Exports Soar In April-January

Indian Carpet Export Rises Since Last 3 Years

TEA Thanks Sitharaman For Widening MEIS List

New Approach To Boost Textile Exports

Violation Of Global Trade Rule By India