In continuation of our efforts to serve the fellow exporters of Tirupur, the office bearers along with our Honorary Chairman Dr. A. Sakthivel met the Drawback committee headed by Shri. G.K. Pillai in April and put forth a strong case for upward revision of drawback for knitted garments. I am happy to inform the members that with effect from October 30th, the drawback for knitted garments has been increased. The increase ranges between 0.5% to 1.0% depending on the type of garment. I would like to place on record our gratitude and appreciation to Smt. Nirmala Sitaraman, Hon’ble Minister of Finance GoI, Shri Piyush Goyal, Hon’ble Minister of Textiles, Industry and Commerce, GoI, all members of the drawback committee chaired by Shri G. K. Pillai.... Read More