You searched for: cut excise duty

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…

8 years ago

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…

9 years ago

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…

7 years ago

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…

7 years ago

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…

7 years ago

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…

8 years ago

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…

8 years ago

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…

8 years ago

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…

9 years ago

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…

9 years ago