Special Advance Authorization scheme announced to boost apparel exports

As India expects its textile and apparel exports to touch USD 50 billion mark this fiscal from USD 38 billion in 2015-16. The Union Cabinet recently approved a Rs 6,000-crore package for the textiles sector with an aim to create one crore new jobs in three years and attract investments of USD 11 billion.

To further boost apparel exports, government has announced a ‘Special Advance Authorization’ scheme allowing duty-free import of fabric which will come into effect from September 1.

The Directorate General of Foreign Trade in a notification said that the duty free import of fabric under the Special Advance Authorization Scheme for export of articles of apparel and clothing accessories shall be allowed in certain type of products.

Under the scheme, exporters are entitled for an authorization for fabrics including inter-lining on pre-import basis, and All Industry Rate of Duty Drawback for non-fabric inputs on the exports.

The authorization shall be issued for the import of relevant fabrics including inter lining only as input.

Recent Posts

Von Holzhausen launches sustainable carry sling for Apple Vision Pro

Von Holzhausen, a material innovation company, has introduced the Apple Vision Pro Carry Sling, a sustainable, hands-free accessory designed for…

10 hours ago

Pune to establish first textile waste processing unit

The PMC is set to establish the city’s first dedicated textile waste processing facility to manage the 100-125 tonnes of…

10 hours ago

Scientists develop biodegradable health monitoring e-textiles

A research team has introduced a new concept for wearable electronic textiles (e-textiles) that are both environmentally friendly and biodegradable.

10 hours ago

Marseille School leads sustainable flax-Based architecture

In Marseille, France, the newly opened Cité Scolaire Internationale de Jacques Chirac is making waves in sustainable architecture.

4 days ago

MCAK Urges to protect Kenya’s secondhand clothing industry

Global stakeholders are being called to combat misinformation about Kenya’s secondhand clothing industry and focus on evidence-based research to shape…

4 days ago

Nissan and Beams team up to blend fashion and automobiles

Nissan has introduced the Denim Tribute collection, featuring six car models designed in collaboration with Beams, highlighting the artistry of…

5 days ago