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Tag: The Tirupur Exporters Association

TEA thanks TN CM for the expansion in Coimbatore
Apparel and Textile News Trade Info News

TEA thanks TN CM for the expansion in Coimbatore

TEA President, Raja M Shanmugham thanked Edappadi Palanisamy, chief minister of Tamil Nadu for the initiatives taken for the expansion of Coimbatore Airport. The Kongu region comprising of seven districts of Western part of Tamil Nadu namely – Coimbatore, Tirupur, Karur, Nilgiris, Salem, Erode and Namakkal is contributing to more than 40% to the State GDP […]

TEA hails GST rate for Garments at 5%
Apparel and Textile News Trade Info News

TEA hails GST rate for Garments at 5%

TEA President Raja M Shanmugham, has thanked the finance minister Arun Jaitley for considering the requisition and helping to fix GST rate at 5 per cent for garments including cotton, cotton yarn and fabrics. He said this would help the predominentary cotton based textile industry to grow and also increase exports. M Shanmugham also thanked […]

Awareness Programme on Guidelines to Common Service Providers by TEA
Apparel and Textile News Events and Exhibitions News

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 […]

TEA Disappointed Over RBI Sixth Bi Monthly Monetary Policy Statement
Apparel and Textile News Trade Info News

TEA Disappointed over RBI Sixth Bi Monthly Monetary Policy Statement

Shri.Urjit Patel, Governor, RBI on February 8, announced Sixth Bi monthly Monetary Policy for the year 2016 -17 and maintained Repo Rate at 6.25%. In a press release issued today, Shri.Raja M Shanmugham, President said the he was expecting the reduction of Interest rate post demonetization but the Monetary Policy Committee has maintained the Repo […]

TEA For Relaxation In EPCG Scheme
Apparel and Textile News Trade Info News

TEA For Relaxation In EPCG Scheme

The Tirupur Exporters Association (TEA) has requested the union commerce and industry minister Nirmala Sitharaman to help in making amendments in Export Promotion Capital Goods (EPCG) Scheme that the export obligation can be fulfilled by the ultimate garment exporter through third party exports after relaxing the condition that the product manufactured by EPCG holder should […]

TEA Appeals To Relax EPF Withdrawal Order
Apparel and Textile News Trade Info News

TEA Appeals To Relax EPF Withdrawal Order

The Tirupur Exporters Association (TEA) has appealed to the centre to withdraw an amendment which barred employees from withdrawing the employers’ contribution to provident fund before 58 years of age. In a letter to labour minister Bandaru Dattatreya, TEA president A Sakthivel said that the amendment to EPF withdrawal rules has triggered a sense of […]

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