a. |
All types of products manufactured by handloom fabrics will be entitled for cash incentive. The rate of cash incentive will be 15% in case of value addition over 80% and 10% in case of value addition over 50%. |
b. |
10% cash incentive on FOB price is entitled to the exporters for exporting Jamdani Saree, Lungi and Gumcha. Provided that the price will be limited US $40.00 for a Jamdani, Us $30.00 for a Lungi and US $0.05 for a gumcha. |
c. |
Facilities for import of raw materials |
d. |
Income tax rebate on export earnings. |
e. |
Reduced air freight for export of all crash program items. |
f. |
Enhancement of time limit of export credit from 180 days to 270 days. |
g. |
Reduction of bank interest rates: interest on loan for export is fixed at 8%-10%. |
h. |
Opportunity for use of foreign exchange by the exporters. Exporters are given
opportunities to retain 50% of the export earning in their own account in normal cases
and 10% of export earning in cases of lower value addition. |
i. |
Fifteen percent (15%) Cash incentives is allowed for some handloom items. |
