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implementation+goods+and+services+tax
2018-07-27 11:57:00
Domestic polyester fibre and yarn manufacturers give a sigh of relief due to the government's decision to raise customs duty on their import to encourage Indian producers
Filatex plans to increase its production capacity by nearly 90,000 tonnes to 237,000 tonnes for FY 2018-19. A similar capacity expansion was planned by other polyester manufacturers as well.
2017-09-28 09:00:00
Indian cotton brand currently under way
The government of India is considering branding of the locally produced fibre to fetch premium prices from overseas importers. The guidelines for the ‘Indian cotton’ brand are currently
2016-08-05 16:15:00
Branded apparel may get costlier with the implementation of GST
With the implementation of the goods and services tax (GST) that is expected by April 2017. According to industry and experts, tax incidence on branded apparels and other finished textile products
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
2016-02-14 11:00:00
Demand for cheaper prices of textile raw materials
The largest producer of cotton in the world finds that its exportable goods are becoming uncompetitive in the face of the raw materials in India available for the manufacturing of these goods turning
2019-06-03 14:45:00
India's apparel export's share in total exports fall from 51% in FY17 to 45% in FY19
The new government would have to rethink its policy on turning around India’s second-largest job provider, as the textile sector continues to gasp for growth. Three years after key regulatory
2018-05-30 11:47:00
Gujarat accounting for 12% of the apparels exported from India
Gujarat accounts for 12% of the apparels exported from India. Manufacturers also indicated that they are facing stiff competition from their counterparts in Bangladesh and Vietnam according to data
2018-04-02 12:04:00
$45bn target for FY18 to be might be missed by textile exports
The largest market for cotton yarn China, has imposed around 3.5 per cent import duty on yarn from India under Asia pacific Trade Agreement (APTA), while duty free access is given to Vietnam.This has
2018-03-14 15:00:00
Par panel to boost textile sector suggests anti-dumping duty, GST revision
In a report tabled in Parliament today, the Standing Committee on Labour chaired by Kirit Somaiya said that it desires the Textiles Ministry to impress upon the Department of Revenue/Finance Ministry
2017-12-15 14:00:00
Power loom sector hit hard with the increasing yarn prices
Yarn is basic raw material for power loom sector and the increasing nylon and polyester yarn prices has destabilized the sector further which is reeling under the after-effects of implementation of
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