Coimbatore, Nov 29 (PTI): Tirupur Exporters Association (TEA) Thursday appealed to the Union Textiles Minister Smriti Zubin Irani to release the pending rebate on state levies (ROSL) to the garment sector.Also Read - 'Emergency Brake': EU Plans to Ban Flights From Southern Africa Over New COVID Variant | Details Here

The ROSL claims have not been cleared for the sector for the past three months, which are given to compensate the embedded taxes on petro products and electricity that were not included in the ambit of goods and services tax (GST), president of the association Raja M Shanugham said in a press statement here. Also Read - Texas Abortion Ban Stays in Force as Justices Mull Outcome

The garment export sector, after passing through a declining trend for the past one year, has made a turnaround only in October last, the release quoted Shanmugham as saying. Also Read - Novavax Requests EU Drug Regulator To Authorise Its Covid-19 Vaccine | Details Here

The pending ROSL claims for Tirupur cluster work out to Rs 105 crore and the settling of the claims would help the exporting units at a time when they were operating under wafer-thin margin, the release said.

Besides, the units were struggling to sustain themselves in the price-conscious global market and were competing against countries like the EU and US which enjoy duty-free status, the release said.

It was also a fact that the exporting units have been taking various measures to cut costs down to stay competitive in the world market, it said.

This is published unedited from the PTI feed.