Related Keywords: all knitted fabrics, cotton dyed and printed fabrics and made-ups to African countries, DGFT, excluded certain knitted fabrics, extension of export sops, including those with lycra, khangas and khatangas, Knitted fabrics with HS code 6006, new list for export sops, Texprocil, under Merchandise Exports from Indian Scheme
The Director General of Foreign Trade announced a new list of textile items eligible for export sops, last week which excluded certain knitted fabrics for concession under the Merchandise Exports from India Scheme. This came as a big surprise for the Cotton Textiles Exports Promotion Council (Texprocil).
Knitted fabrics with HS (Harmonized System) Code 6006, which covers most of the knitted fabrics including those with lycra are value added products that are used widely in garments were left out in the list of items covered for export benefit.