India raises export tax rebate cap for cotton textiles

The Indian government announced an increase in the export tax rebate rate for industrial products, including textile export tax rebates, which will be implemented on November 22, 2014. In this policy, the textile varieties for which the export tax rebate rate for textiles and clothing will be expanded, and the export tax rebate rate for cotton textiles will be increased. upper limit.
Among them, the export tax rebate rate for cotton yarn (natural color) below 50S is 3%, and the maximum tax refund is 13 rupees per kilogram; the export tax refund rate for cotton yarn (natural color) 50S and above is adjusted to 2.8%, and the maximum tax rebate is 18 rupees per kilogram; for dyeing below 50S The export tax rebate rate for cotton yarn is adjusted to 3.7%, with a maximum tax refund of 20 rupees per kilogram; the export tax rebate rate for 50S and above dyed cotton yarn is adjusted to 3.4%, with a maximum tax rebate of 24 rupees per kilogram; core-spun cotton yarn (spandex, Lycra and other elastic The export tax rebate rate for fiber content of 3% and above is adjusted to 4.7%, and the maximum tax rebate is 16 rupees per kilogram; the export tax rebate rate for white cotton fabrics is adjusted to 4.3%, and the tax rebate upper limit is adjusted to 37 rupees per kilogram; the export tax rebate rate for dyed cotton fabrics Adjusted to 5.0%, the tax rebate limit is adjusted to 50 rupees per kilogram. The export tax rebate rate for chemical fiber staple yarn (natural color) is 10.3%, and the tax rebate upper limit is raised to 36 rupees per kilogram. The export tax rebate rate for polyester filament is 2.4%, and the tax rebate limit is raised to 8 rupees per kilogram.