New Delhi, May 30 (IANS) The government on Saturday announced a temporary exemption on all customs duties on the import of cotton from June 1 till October 30, to augment its availability for the Indian textile sector amid geopolitical tensions.The temporary duty exemption is expected to reduce input costs across the textile and apparel sector, thereby providing targeted relief to manufacturers and consumers, while also keeping the interests of domestic farmers in mind, according to an official n…
Latest Textile Exports News & Updates
New Delhi, April 1 (IANS) The government on Wednesday announced the extension of the Rebate of State and Central Taxes and Levies (RoSCTL) Scheme for exports of apparel, garments and made-ups until September 30, 2026, or until the scheme is approved under the 16th Finance Commission cycle, whichever comes earlier.The extension will continue under the existing guidelines without any changes, the Ministry of Textiles said.Launched on March 7, 2019, the RoSCTL scheme aims to refund embedded state a…