Trending Now
- “SIR created a three-cornered contest in TN. Leaders opposed to the BJP were deliberately defeated. SIR could be a reason for TVK’s victory.” – Thirumavalavan
- “The by-election is proceeding without much excitement. It was only the by-election campaign that was intense. The interest and enthusiasm seen during the General Election are missing among the people.” – Tamilisai Soundararajan
- “How will this ‘Reels CM’ justify the fascist atrocities committed against the nurses?” – AIADMK General Secretary EPS
- “The police have brutally attacked nurses who were protesting to press for their demands. What do you call attacking children? ‘Thaimaaman Lathi-Charge’ Scheme?” – Udhayanidhi Stalin
- Sourav Ganguly is appointed as the Head Coach of Delhi Capitals
Coimbatore
Exporters hail continuance of 4pc MEIS beyond June
May 12, 2018
Coimbatore : Tirupur Exporters Association (TEA) today hailed the announcement to continue the 4 per cent MEIS (Merchandise Export from India Scheme) beyond June 30, saying it would be a major relief to exporting units.
In a statement, TEA president Raja M Shanmugham said that as per earlier public notices from Directorate General Of Foreign Trade, it was mentioned that the MEIS rate would be valid till June 30.
ALSO READ : “Man found groping minor girl in theatre at Malappuram”
Considering the requisition by TEA, DGFT has issued a public notice stating the continuance of 4 per cent MEIS beyond June 30,major relief to exporting units, he said.
“We have been requesting the Central Government to extend the validity period as the exporting units are struggling to sustain further due to reduction of Duty Drawback
Rate and Rebate on State Levies (ROSL) after implementation of GST and also delay in getting GST refund,” he said.
