India's textile export tax rebate rate adjustment

The Indian government announced an increase in the export tax rebate rate of industrial products, including textile export tax rebate rate, since November 22, 2014 began the implementation of this policy, the expansion of the export tax rebate rate of textile and apparel textile varieties, improved cotton textile export tax rebate rate limit.

Following which the 50S cotton (character) of the export tax rebate rate of 3%, the maximum rebate of $ 13 rupees per kilogram; export tax rebate rate of cotton yarn 50S and above (character) was adjusted to 2.8%, the maximum rebate of $ 18 rupees per kilogram ; export tax rebate rate of dyeing cotton yarn 50S less adjusted to 3.7%, the maximum rebate of $ 20 rupees per kilogram; export tax rebate rate of dyeing cotton yarn 50S and more adjusted to 3.4%, the maximum rebate of $ 24 rupees per kilogram; cored Cotton yarn (spandex, Lycra and other elastic fiber content of more than 3% and) adjust export tax rebate rate of 4.7%, the maximum rebate of $ 16 rupees per kilogram; Baipi cotton export tax rebate rate was adjusted to 4.3%, adjusted tax cap 37 rupees per kilogram; dyeing cotton export tax rebate rate was adjusted to 5.0%, adjusted tax cap of Rs 50 per kg. Synthetic staple fiber yarn (character) of the export tax rebate rate of 10.3%, adjusted tax cap of Rs 36 per kg. The export tax rebate rate of 2.4 percent polyester filament, tax cap was adjusted to 8 rupees per kg.