However, Exporters Association of Bangladesh (EAB), a platform of exporters, has demanded 5% cash incentives for all exports goods for the next five years.
Apparel exporters yesterday demanded 5 percent cash incentive on their export receipts due to the rising costs amid implementation of a new salary structure in the industry.
Concerned over a decline in GST revenues, tax officials are likely to examine the high usage of input tax credit (ITC) to set off tax liability by businesses, sources said.
Indian Texpreneurs Federation (ITF) has appealed to all brands and retail chains operating in India to source their requirements from within the country instead of importing.
The Indian Texpreneuers Federation plans to write to Indian and international brands requesting them to source garments for the domestic market from the manufacturers in the apparel clusters in India.