Financial Daily from THE HINDU group of publications
Thursday, Jun 19, 2003
Financial Daily from THE HINDU group of publications Thursday, Jun 19, 2003 |
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Industry & Economy
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Knitwear & Hosiery Tirupur exporters in fix over Customs circular Our Bureau
CHENNAI, June 18 A CIRCULAR of the Customs department, saying that only exports made through the Chennai, Mumbai, Nhava Sheva, Kandla and Kolkata ports would be eligible for export-related benefits such as DEPB and Advance Licence, has put exporters situated in the Coimbatore-Tirupur area in a fix. These exporters usually send their consignments through the Tuticorin or Kochi ports. Exporters said, "About 70 containers moved from Coimbatore region to Tuticorin port and hundreds of containers moved to the Kochi port have been dislocated and not boarded on to the sailing ships as planned, because of the sudden stoppage of the export benefits." The President of the Tirupur Export Association, Mr A. Sakthivel, and the President of the Federation of Indian Export Organisations (FIEO), Mr Rafeeque Ahmed, urged the officials present at the Open House - including Mr L. Mansingh, Director-General of Foreign Trade, and Mr S.K. Mishra, Member-Customs, Central Board of Excise and Customs - to withdraw the notification. They said that for exporters from Coimbatore, the Kochi port was the nearest, from which ships sailed directly to West Asia. Similarly, Tuticorin is only five hours away from Tirupur, from where it is easy to send consignments to mother vessels in Colombo. On the other hand, if consignments are to be shipped to the metro ports, exporters would have to incur additional expenditure. Mr Ahmed stressed that the notification would badly affect the logistics of exports. "Already, people (abroad) are fed up with India because we cannot deliver on time." Some other exporters told Business Line that the circular was not keeping in line with liberalisation, as it imposed restrictions on the conduct of business.
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