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tax+exemptions
2017-06-05 13:00:00
Khadi yarn, Gandhi topi, national flag exempted from GST tax regime
All categories of fabric, except khadi yarn, Gandhi topi, India's national flag will not attract any tax under the Goods and Services Tax (GST) regime. The tax department has also put up on its
2017-04-18 15:00:00
Textile sector demand uniform GST tax of 5pc across all value chains
The textile industry of India has urged the government to place all products across the textile and apparel value chain under the lowest slab of the Goods and Services Tax (GST) of 5 percent to avoid
2018-03-21 17:10:00
Bangladesh govt to provide BGMEA 500 acres in Mirsharai economic zone
Bangladesh government to boost its apparel exports in the years to come has decided to provide 500 acres of land inside a special economic zone located in Mirersharai of Chittagong to the Bangladesh
2017-07-13 10:00:00
Iran to set up its first ever apparel industrial park to boost the sector
Iran to set up it’s first-ever apparel industrial park in cooperation with public, private and cooperatives sectors. An initiative aimed at meeting domestic demand and boosting exports. A
2017-06-27 15:00:00
US initiates probe into fine denier PSF imported from 5 Asian nations
The US department of commerce in response to a petition filed by three US based PSF producers earlier this month has launched the anti-dumping and countervailing duty probe against the polyester
2017-04-26 17:00:00
India exempts CVD on import of jute goods from Nepal
India has withdrawn the countervailing duty (CVD) imposed on import of jute products from Nepal. The anti-dumping duty, however, continues. A Gazette notification on April 20, said that Nepal is
2017-01-20 10:00:00
Textile industry seek for a uniform duty of 5pc under GST
The government has already announced special packages for different segments of the textile industry in June last year and for made ups (an article manufactured and/or stitched from any type of
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
2016-08-30 15:00:00
Rwanda textile industry hampered by heavy import duties on raw material
Made-in-Rwanda campaign launched in 2014 might be slowed down if more incentives are not introduced by the Government to promote locally manufactured clothes. As heavy custom duties are hampering the
2016-06-22 12:00:00
Vietnam businesses unlikely to derive maximum benefits from TPP
Vietnam is unlikely to derive the maximum benefit from the Trans-Pacific Parternership trade pact, as few Vietnamese businesses have plans to switch from subcontracting to direct exports or reduce
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