You searched for: reduction excise duty

SIMA seeks reduction in excise duty and extension of sops

In representations by industry bodies led by the Southern India Mills Association, the government has been asked to announce measures…

8 years ago

Reduction in excise duty on all manmade fibre suggest CITI

Globally, manmade fibre accounts for 70 percent of the fibre consumption while in India; it is less than 30 percent.…

9 years ago

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…

10 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

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…

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

Textile dept decides to take up issue on duty rationalization with PM

This is for first time that the Indian department of textiles has taken up the issue of “duty rationalization” with…

9 years ago

Siga worried over bringing garment industry under excise duty

With India heading towards GST regime, re-introduction of excise duty on garments will not only lead to huge confusion but…

10 years ago

Garment exports fall highest in percentage term in October on GST woes

Garment exports hit hard in October as order bookings didn’t happen due to the ambiguities relating to GST. The fall…

6 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