City’s garment exporters are jubilant over the Union cabinet’s decision to provide rebate over the State and Central embedded tax to the textile sector. The decision which was taken by the Union Government is being hailed by the exporters who are of the view that this will lead to improvement in the garment and textile export from India which was registering a downfall. Executive Council Member of Apparel Export Promotion Council Narinder Chugh, said, “This is solely due to the efforts of our organisation that this long-pending demand of ours has been fulfilled by the Union Government. This decision will lead to garment exporters ending up getting an additional incentive of 3.5 to 4 per cent on exports which will lead to revival of garment exports from India, which had suffered a huge hit from past sometime.”
