Duty free entitlements from trimmings, embellishments, footwear components and leather products increased to upto 5%

The Duty Free entitlement on trimmings, embellishments and footwear components for footwear, both leather and synthetic, and other leather products has been raised from 3 per cent to 5 per cent of FOB value of export of previous financial year.

In a notification, the Directorate General of Foreign Trade (DGFT) has said, “Duty free entitlement for import of trimmings, embellishments and footwear components for footwear (leather as well as synthetic), and other leather products up-to 5% of FOB value of export of previous financial year.”

Earlier, the entitlement was up to 3 % of FOB value of export of previous financial year. Such entitlement covered packing material, such as printed and non-printed shoeboxes, small cartons made of wood, tin or plastic materials for packing footwear.
http://knnindia.co.in/news/newsdetails/sectors/duty-free-entitlements-from-trimmings-embellishments-footwear-components-and-leather-products-increased-to-upto-5