The Tiruppur Exporters Association has appealed to the Central Board of Indirect Taxes and Customs to clear the pending RoSCTL amount for exporters.

President of the Association Raja Shanmugham said in a release that though it was said that the RoSCTL dues would be cleared every month, the pending amount remained. The garment exporting units in Tiruppur, 95 % of which were MSMEs, were struggling to cope with liquidity crisis and the units were yet to make bonus payments to workers for Deepavali.

The Board should take steps to clear the pending RoSCTL amount immediately so that exporting units could disburse bonus to workers and meet their financial commitments.

Published On : 22-10-2021

Source : The Hindu