The Cotton Textiles Export Promotion Council (TEXPROCIL) has urged the Ministry of Textiles to notify the Remission of Duties and Taxes on Exported Products (RoDTEP) rates at the earliest and also maintain the RoSCTL rates for Made ups under the RoDTEP scheme.
Manoj Patodia, Chairman; Sunil Patwari, Vice Chairman and Dr. Siddhartha Rajagopal, ED, TEXPROCIL raised this and various issues during the interactive meeting with the newly appointed Union Cabinet Minister of Textiles Piyush Goyal and Darshana Jardosh, Minister of State for Textiles.
TEXPROCIL also requested to remove the custom duty on cotton as the variety of extra-long staple branded cotton and contamination free cotton which was mainly imported and not available as yet in India in sufficient commercial quantities. It is important to have cotton at international prices to promote value-added exports.
On the Indo-UK FTA, TEXPROCIL urged the Minister to include the textiles & clothing sector upfront in the “pre-negotiation scoping phase” or any envisaged “early harvest” programme to overcome the disadvantage faced by the Indian exporters due to duty concessions already granted by UK to competing nations like Bangladesh, Pakistan, Vietnam, Turkey and Sri Lanka.
It was also requested that the Indo-EU FTA should be expedited, which will help the Indian exporters to overcome the disadvantages of tariff preferences given to competing countries and create a level playing field.