India’s Tirupur Exporters’ Association (TEA) has welcomed the Government’s decision to permit job working units to import machinery under Export Promotion Capital Goods (EPCG) scheme. EPCG is one of the schemes provided by Government of India to importers and exporters to promote exports from the country.
“The new relaxation in condition for registration with indirect tax authorities pave way for this much expected and required relief to the job working units in Tirupur cluster,” said Raja M Shanmugham President, TEA. He further expressed his gratitude to Nirmala Sitharaman, Union Minister of Commerce and Industry, A. K. Bhalla, DGFT for relaxing the condition of registration with indirect tax authorities.
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Job working units like knitting, dyeing, compacting, printing, embroidering, labelling, calendaring, etc., registered as Common Service Provider (CSP) in Tirupur are now permitted to import machinery under the scheme.
