Benefits of becoming member of HEPC

Details of Council’s services and benefits
  •  Participation in International textile, trade & consumer events under various schemes of Govt. of India and self financed
  •   Organising buyer seller meets within India and outside India with foreign buyers / imports for promotion of export
  •   Organising training programmes / awareness programmes / workshops/seminars to educate entrepreneurs on various aspects including business and export related issues.
  •  Informing , updating and promoting its members about various schemes for Textiles sector of Govt. of India
  •  Issuing RCMC a pre-requisite for Handloom products, through which one an avail benefits under various schemes of Govt. of India
  •  Updating about textiles related international and national news and evets to HEPC members by our news bulletin
  •  HEPC newsletter serves as an information bank for handloom and home textile industry
  •  HEPC E-magazine addressed to overseas buyers covers information about production clusters, products details, marketing events
  •  Representing the trade issues with the Ministry / Embassies
  •   Providing support for any issues related to pending GST refund, export incentives, trade dispute, etc.

Policies and programmes of Govt. of India as well as State Government Trade Notifications etc. are shared to member exporters through mass circulars.

Drawback:

Drawback assistance is provided to exporters as a reimbursement of the incidence of central levies - excise, customs duty and service tax on the raw materials used for the production of the products that are exported.

Remission of Duties and Taxes on Exported Products (RoDTEP)

RoDTEP scheme has been introduced to replace MEIS. Ministry of Commerce and Industry has issued the scheme Guidelines and Appendix 4R (eligible RODTEP export items, rates, and per unit value caps) for Remission of Duties and Taxes on Exported Products (RoDTEP) upto 30th June 2024.

Raw Material Supply Scheme (RMSS)

(i) The Yarn Supply Scheme (YSS) with partial modification and renamed as Raw Material Supply Scheme (RMSS) has been approved for implementation during period from 2021 -22 to 2025-26.

(ii) Components of RMSS:

a. Transport Subsidy Component: Freight reimbursement for transportation of yarn (All types)

b. Price Subsidy Component: 15% Price Subsidy on Yarn (through DBT to linked bank account) with quantitative restrictions. 15% price subsidy will be available on cotton hank yarn, domestic silk, woollen and linen yarn and blended yarn of natural fibres with quantity restrictions.

(iii) Eligible Beneficiaries:

The benefits would be available to the following:

a. Individual weavers.

b. Agencies in which weavers are members i.e., Self Help Groups (SHGs), Joint Liability Groups (JLGs) and Cooperative Societies.

c. Handloom Producer Company.

d. Weavers Entrepreneurs: Entrepreneur, who is involved in actual weaving activity along with marketing and other activities & owns Handlooms in his/her premises, will be eligible weaver entrepreneur. Number of Handlooms owned and functional in the premises of weaver entrepreneur will be counted for the raw material subsidy component purpose.

(iv) Depot operation charges @ 1.0 % (one percent) of the value of yarn supplied directly to the individual weavers from the warehouse. (Limited to Rs.15000/per month).

Interest Equalization Scheme Government of India has approved the extension of Interest Equalization Scheme for Pre and Post Shipment Rupee Export Credit (‘Scheme’) up to 30th June 2024.Revised interest equalisation rates under the Scheme will now be 3 per cent for MSME manufacturer exporters exporting under any HS lines, and 2 per cent for manufacturer exporters and merchant exporters exporting under 410 HS lines. For more information please refer the https://www.rbi.org.in/Scripts/NotificationUser.aspx?Id=12252&Mode=0

Marketing support under MAI / NHDP scheme

• Participation in international fairs - Subsidized fair participation and travel grant under various schemes of Ministry of Textiles & Ministry of Commerce and Industry

• Participation in Reverse Buyer Seller Meet in India
• Participation in Trade delegations
• Exclusive International events for India Handloom Brand (IHB) holders
• Linking between Manufacturers and Exporters

Capacity Building of First-Time MSME Exporters (CBFTE)

Council has signed an MoU with Ms. Mercy Epao, Joint Secretary MSME on 20th September, 2022. As per the MoU, the RCMC charges/ Fees paid by the first-time Micro Small Enterprise (MSE) exporters registered with HEPC on or after 20.09.2022 will now be eligible for reimbursement from the Ministry of MSME through HEPC subject to fulfilment of conditions/eligibility.

Sl. No. Eligible activities Funding support under IC Scheme

1

Registration-cum-Membership Certificate (RCMC) charges I fee paid by the first-time MSE exporter to the related Export Promotion Councils (EPCs).

75% of the cost paid subject to a maximum of Rs.20,000/- or actual, whichever is lower, subject to quarterly reporting by EPCs as per prescribed format./p>


Eligibility Condition :

(b)To claim the benefits under the scheme, the applicant's Importer Exporter Code (IEC) must not be older than 3 years on the date of export shipment.

(c) MSE shall be eligible for a refund of 75% of the cost paid subject to a maximum of Rs.20000/-(Rupee Twenty Thousand only).

Documents required :

(a) IEC code not more than 3 years old on the date of export shipment.

(b) RCMC fee receipt

(c) Proof of export carried out in the same financial year on which RCMC is claimed.