The Government has extended Export Obligation Period from 6 months to 18 months for products under Advance Authorisation scheme to provide relief to textile exporters. The extension of Export Obligation is particularly for products subjected to mandatory Quality Control Orders issued by the Department of Chemicals and Petrochemicals.The Ministry of Textiles in a statement said that this measure will provide timely and much-needed relief to exporters of man-made fibre textiles and technical textiles. It will improve ease of doing business as well as improve competitiveness of Indian products. Under the Advance Authorisation Scheme, duty-free imports of inputs are permitted for use in physical exports, without the mandatory requirement of compliance with Quality Control Orders for such imports. This flexibility ensures continued availability of critical raw materials for the textile industry and facilitates uninterrupted export performance. Notably, around 18 per cent of all Advance Authorisations are issued for the textile sector, underlining the significance of this facilitation measure. The Ministry also said that the import duty on cotton has been exempted till 31st December of this year. It added that these decisions will help ease input cost pressures, ensure raw material security, and support the global competitiveness of Indian textile exports.
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Govt extends Export Obligation Period to provide relief to textile exporters
