Exporters Demand Budget 2026 Relief: Inverted Duty, Interest Subsidy Top Wishlist

• Indian exporters seek tax incentives, import duty rationalization, and financial support for global branding in Budget 2026.
• Key demand is relief from 'inverted customs duty' where raw materials face higher import duties than finished products, harming domestic manufacturing.
• FIEO recommends rationalizing import duties on raw materials, citing examples like synthetic yarns, electronic components, and leather.
• AEPC calls for financial incentives, increased interest subsidies, and GST reduction on textile machinery to aid the apparel sector.
• CLE requests re-implementation of basic customs duty exemption on bovine crust and finished leather imports, while the sports goods industry seeks lower duties on willow and cane.

Why It Matters: Exporters urge Budget 2026 to address inverted customs duty, increase interest subsidies, and provide financial aid for competitiveness.