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Centre notifies new changes in DBK scheme to boost exports

Related Keywords: all industry, blend of cotton and MMF, Boiler Suits, boost exports, both grey and dyed, Centre notifies certain changes in DBK rates, created for cotton yarns, drawback caps, export products, high-valued items, import duties on Indian textiles, mixed with Man Made Fibre, New entries in drawback schedule, Protective wear, Texprocil

The Centre has notified certain changes in the all industry rates of duty drawback effective from 11th Feb 2016. These changes announced by the Centre in DBK scheme will help boost exports.

New entries in the drawback schedule have been created for cotton yarns mixed with Man Made Fibre (MMF) - both grey and dyed. It has also increased the drawback caps in the case of certain MMF fabrics. This change was welcomed by the Cotton Textiles Export Promotion Council (Texprocil).

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