- Directorate General of Foreign Trade extends Export Obligation period under Advance Authorisation from 6 to 18 months for products with mandatory Quality Control Orders
- Extension applies to man-made fibre textiles and technical textiles, improving ease of business and competitiveness
- Advance Authorisation Scheme allows duty-free imports of inputs for exports without mandatory Quality Control compliance
- Around 18 percent of Advance Authorisations are for the textile sector
- Import duty on cotton exempted until 31st December 2025 to strengthen raw material availability
- Government supports textiles and technical textiles through various measures
- India’s exports in the man-made fibre value chain valued at USD 8.46 billion in 2024-25
- Measures aim to ease input costs, ensure raw material security, and enhance global competitiveness of Indian textile exports
Source: a2ztaxcorp.net
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
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