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Lack of clarity on DBK rate, ROSL to impact textile exports

Related Keywords: chairman, export of garments, impact Indian textile exports, lack of clarity on DBK, made up textile articles, P Nataraj, Rebate of State Levies, ROSL, SIMA, Southern India Mills Association, Textile Industry, unable to book orders

The textile industry are unable to book orders due to lack of clarity on the duty drawback rate and Rebate of State Levies (ROSL) on export of garments and made up textile articles, and this could impact India’s textile exports, said P Nataraj, Chairman, the Southern India Mills Association (SIMA).

For the textile industry second half of September could be a crucial period as the government is yet to give a mandate to the duty drawback committee on the revised duty drawback rate and Rebate of State Levies (ROSL).

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