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		<img align="" alt="apparel exports" class="imgCont" height="464" src="http://bsmedia.business-standard.com/_media/bs/img/article/2017-08/31/full/1504120367-407.jpg" style="border: 1px solid #DDD; margin-right: 10px; padding: 1px; float: left; z-index: 0;" title="apparel exports" width="620" />
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			Reeling from a continued fall in export growth and marginal refunds on the goods and services tax (GST), the Apparel Export Promotion Council (AEPC) has written to the government, seeking 12-15 types of relief. They want the duty drawback and the refund of state levies (ROSL) to be restored to pre-GST levels, and also exemptions from the new indirect tax for exporters.</div>
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			Growth of apparel exports has clocked a negative 39 per cent, 11 per cent and 8 per cent, respectively, in October, November and December last year, according to H K L Magu, chairman, AEPC.</div>
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			Now, in the run-up to the Union Budget, the export body has sought incentives from the government, to boost exports. It wants the duty drawback on cotton apparels to be restored to pre-GST rates of 7.5 per cent and the ROSL of 3.5 per cent. They also want to be exempted from 18 per cent GST for air freight.</div>
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			After the GST roll-out last year, the duty drawback fell to 2 per cent; ROSL to 1.5 per cent on cotton apparels, and 2.5 per cent and 1.5 per cent, respectively, on different man-made apparels.</div>
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			Till September, when the previous rates were applicable, apparel exports grew in double-digits. However, October onwards, exports began taking a hit.</div>
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			&ldquo;We have been asking the government to support apparel exporters to survive. There have been blockages of funds between July and December; hardly anybody got GST refunds. Dollar weakened to be valued at Rs 63. We have become uncompetitive; Bangladesh has begun cashing in on this,&rdquo; said Magu.</div>
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			He added, &ldquo;The government did take notice of the impact. Hence, in the mid-term review, the merchandise export incentive scheme was increased from 2 per cent to 4 per cent. However, more steps are needed to revive the industry.</div>
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Reeling under a three consecutive fall in export growth and marginal refunds on Goods and Services Tax (GST), the Apparel Export Promotion Council (AEPC) has written to the government seeking 12-15 types of relief including restoration of duty drawback and refund of state levies (ROSL) to pre-GST rates as well as exemption for exporters from GST, among others. The apparel industry has seen a consecutive -39 per cent, -11 per cent and -8 per cent growth figures in apparel exports for the months of October, November and December 2017, according to HKL Magu, chairman of AEPC.From seeking restoration of export incentives at pre-GST rates 7.5 per cent duty drawback on cotton apparels and 3.5 per cent ROSL to exemption of 18 per cent taxes levied towards air freight charges under GST, the apparel export body has made around 8-10 demands ahead of the budget. "We have been asking the government to support the apparel exporter to survive. There have been blockages of funds as between July and .

apparel exports

Reeling under a three consecutive fall in export growth and marginal refunds on Goods and Services Tax (GST), the Apparel Export Promotion Council (AEPC) has written to the government seeking 12-15 types of relief including restoration of duty drawback and refund of state levies (ROSL) to pre-GST rates as well as exemption for exporters from GST, among others. The apparel industry has seen a consecutive -39 per cent, -11 per cent and -8 per cent growth figures in apparel exports for the months of October, November and December 2017, according to HKL Magu, chairman of AEPC.From seeking restoration of export incentives at pre-GST rates 7.5 per cent duty drawback on cotton apparels and 3.5 per cent ROSL to exemption of 18 per cent taxes levied towards air freight charges under GST, the apparel export body has made around 8-10 demands ahead of the budget. "We have been asking the government to support the apparel exporter to survive. There have been blockages of funds as between July and D

Budget 2018: Reeling under dwindling exports, AEPC seeks several relief

The apparel export body has made around 8-10 demands ahead of the Budget 2018