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Search Results for:
excise+duty+textile
2017-03-17 11:00:00
Big relief for textile traders as sari out of excise duty ambit
The Central Board of Excise and Customs (CBEC) have taken decision to keep 'sari' out of the ambit of made-ups, which attract 2 percent excise duty on retail price above Rs1,000. This decision brings
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
2016-02-25 16:00:00
Textile industry pitches lowering excise duty and change in labour laws in Budget
The textile industry, which is the country's second largest employer after agriculture, contributes nearly 14 per cent to industrial production and 4 per cent to the GDP has pitched for incentives
2014-03-01 12:30:00
Textile machinery sector to get 2 percent reduction in excise duty
India to boost modernization of the textile industry, Finance Minister P Chidambaram in his Interim Budget 2014-2015 has proposed reduction in the excise duty on textile machinery from 12 percent to
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,
2017-07-19 10:00:00
No change in GST rate for textile
Union Minister for Finance, Defence and Corporate Affairs, Arun Jaitley Tuesday said that the GST rate structure for the textile sector was discussed in detail in the GST Council Meeting held on 3rd
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
2016-09-12 15:00:00
Ministry of textiles to notify rebate of State Levies on export of garments
The ministry of textiles has notified first of its kind scheme with unique features for Rebate of State Levies on Export of Garments (ROSL) which will apply with ‘Let Export Order’. The
2016-09-07 15:00:00
Govt on the verge of implementing GST of 12% for textile industry
The government has so far incentivized the textile industry that has been one of the largest contributors to the country’s exports and provider of jobs to million. The latest being the
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