Garment exporters demand restoration of pre-GST rates

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"The average duty drawback that we were getting per-GST was 11.5 percent and the Remission of State Levies (ROSL) was an average of 3.5 percent. Post GST, the average drawback has come down from 11.5 percent to 2.25 percent"

  • Garment exporters demanded the restoration of duty drawback and Remission of State Levies (ROSL) rates to pre-GST levels, claiming that a whopping six million jobs may be lost in the sector if urgent remedial measures were not taken.
  • India's apparel exporters are facing intense competition from countries like Bangladesh, Pakistan and Vietnam, owing to lower competitiveness.
  • "Last week, the government has been very magnanimous in increasing the ROSL from the 0.39 percent which was announced in July to 1.7 percent, but we are still short of the 3.7 percent which we were getting earlier," said Sudhir Sekhri, Chairman, Garment Exporters Association.
  • Addressing a press conference, garment exporters alleged that the government was "making it difficult" for them to run their businesses and they had to incur additional compliance costs due to the "tardy implementation" of the Goods and Services Tax.
  • The garment exporters fear that 6 million jobs may be lost in the sector, which is currently giving direct employment to 12.9 million people, going by the fall in exports.
  • It also doubled the rates for incentives under an export promotion scheme -- MEIS -- to 4 percent for readymade garments and made-ups.

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