ES­SEN­TIALS

Apparel Online - - LEAD STORY -

Sup­port by Gov­ern­ment

In­ter­est sub­ven­tion in­creased on pre- and post-ship­ment credit for ex­ports by MSMEs from 3 per cent to 5 per cent.

Ba­sic Cus­toms Duty in­creased from 10 per cent to 20 per cent on im­port of 23 knit­ted gar­ments items.

MEIS in­cen­tive con­tin­ued at 4 per cent be­yond 30th June 2018.

Hur­dles

De­creased duty-draw back rates.

RoSL claims have not been cleared for the past three months.

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