Merchandise Exports from India Scheme Archives

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
344 Views

Apparel and Textile News Global News

MEIS for garments and made ups got extended till June

To reinstate the competitiveness of exports and increase its share in the world market, the Ministry of Commerce and Industry has extended the Merchandise Exports from India Scheme (MEIS) for garments and made ups beyond June 2018. The apparel and textile bodies, Apparel Exporters Promotion Council (AEPC) and Tirupur Exporter’s Association (TEA) have welcomed the […]

appareltalk
May 17, 2018
2 Comments
428 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
418 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
345 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
479 Views

Apparel and Textile News Global News

Cotton yarn to push exports following Chinese Demand

India’s overall cotton yarn exports remained under pressure during the current financial year due to sluggish demand from China, despite a robust demand from Bangladesh. But with Chinese cotton auction which started at a 25 per cent premium over the prevailing fibre rate in India, Indian exporters are hoping to see a revival in cotton […]

appareltalk
March 8, 2017
4 Comments
333 Views

Apparel and Textile News Trade Info News

Govt Adds Additional Items for Support under MEIS

In the backdrop of the continued challenging global environment being faced by Indian exporters, department of commerce has extended support to certain new products under the Merchandise Exports from India Scheme (MEIS). These include industrial products that fall under categories like fabrics, garments, chemicals, silk items, made ups and wool products. A total of 2,901 […]

appareltalk
September 23, 2016
2 Comments
350 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
328 Views

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Tag: Merchandise Exports from India Scheme

AEPC raised an issue of refunding embedded Tax on Industry

MEIS for garments and made ups got extended till June

Government taking initiative to boost Textiles and Apparel Exports

Enhanced MEIS for two subsectors of Textiles Industry

AEPC urges to address embedded Taxes on Exports

Cotton yarn to push exports following Chinese Demand

Govt Adds Additional Items for Support under MEIS

TEA Thanks Sitharaman For Widening MEIS List