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The Apparel Export Promotion Council is organizing a nation-wide drive to spread awareness about the new special advance authorization scheme announced by the Centre last month, so that all exporters can take advantage of it, said Ashok Rajani, Chairman, AEPC.
The garment exporters from India pay on an average an import duty of five percent in the EU when countries such as Bangladesh pay zero duty, the additional reimbursement in the form of the special advance authorization will help to bridge the gap. In the US, the import duty on garments range from nine percent to 20 percent.
