cut+excise+duty | YnFx

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2016-09-03 11:30:00

Govt considering cut in excise duty on MMF in the new policy

The Ministry of Textiles is set to announce a cut in excise duty on MMF in the new policy in order to boost investment to meet growing demand from the synthetic textile industry. The MMF industry

2015-02-26 11:20:00

Indorama Synthetics wants excise duty on MMF cut to 4pc

In its pre-budget expectations, Indorama Synthetics Limited has put forth a number of issues to be considered for their incorporation in the Union Budget 2015-16. The company has sincerely requested

2017-08-07 10:00:00

Cut in GST rates on textile jobs works from 18 pc to 5pc

The all-powerful GST Council, headed by Finance Minister Arun Jaitley and comprising representatives of all states in its meeting held on Saturday, decided to tax all job works from stitching,

2017-01-25 10:00:00

Textile industry calls for cut in import duty on raw materials

The Northern region based textile industry sought enough provisioning for technology upgradation fund, rationalization of duty structure on man-made fibres and lowering of import duty on raw

2017-01-23 15:30:00

Manmade fiber industry seeks cut in excise rate in next Budget

The Indian textile industry has been demanding a level-playing field with respect to cotton for a long time now and some rationalization is expected from budget 2017-18. The textile industry wants

2016-08-04 12:00:00

Disparity in excise duty rates of cotton and MMF likely to be erased

At present, man-made fibres attract a 12% excise duty while cotton fibres attract none. This duty disparity has distorted the domestic consumption pattern in favour of the cotton fibre, divergent to

2016-03-10 15:30:00

Textile cos urge govt to rollback excise duty proposed on branded RMG

Finance Minister Arun Jaitley while presenting the budget in Parliament on February 29 had proposed a one percent excise duty on readymade garments worth Rs 1,000 and above. Textile companies have

2016-03-01 17:30:00

Ludhiana garment industry likely to come under the excise net

The garment manufacturing industry in Ludhiana unhappy with the third budget of the NDA government as it has imposed a two percent excise duty on branded readymade garments having retail price of

2015-07-07 15:00:00

Textile ministry to look at possibility of duty cut on MMF

The textile ministry in consultation with the finance and revenue departments to look at the possibility of a duty cut on man-made fibre as high cost of key raw material for manufacturing blended

2015-03-15 10:00:00

Textile industry seeks cut in duties and higher funds allocation for growth

Textile industry are seeking reduction in excise and import duties while pitching for higher fund allocation as it will enable Indian textile industry to achieve a substantial growth rate in the