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Promotion of Exports of Marine, leather and... ... Union Budget 2026-27: LIVE

By The Assam Tribune

Promotion of Exports of Marine, leather and Textile Products 

FM proposed to increase the limit for duty-free imports of specified inputs used for processing seafood products for export, from the current 1% to 3% of the FOB value of the previous year’s export turnover.

She further proposed to allow duty-free imports of specified inputs, which is currently available for exports of leather or synthetic footwear, to exports of Shoe Uppers as well. 

Along with it, she proposed to extend the time period for export of final product from existing 6 months to one year, for exporters of leather, or textile garments, leather or synthetic footwear or other leather products. 

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