India's AEPC seeks tax breaks and duty exemptions to boost garment exports, citing competitiveness issues.

The Apparel Export Promotion Council (AEPC) in India has asked the government for tax incentives and customs duty exemptions on garment machinery imports to boost the garment export sector. They also want the removal of a 45-day payment rule for MSMEs to claim tax deductions, which they say disrupts cash flow. The AEPC hopes these measures will enhance the sector's competitiveness against countries like Bangladesh and Vietnam.

3 months ago
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