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2019-06-28 20:50:00

U.S antidumping duty determinations on imports of polyester textured yarn from China and India

On June 26, 2019, the U.S. Department of Commerce (“Commerce Department”) announced affirmative preliminary determinations that imports of polyester textured yarn from China and India are being

2018-01-24 15:00:00

Sales tax, duty on cotton imports withdrawn

The Federal Board of Revenue (FBRâ€™s) notification states that textile sector will avail the benefits on imports of raw and ginned cotton having withdrawn sales tax and customs duty on cotton

2018-01-08 14:00:00

Trading activity hit over withdrawal of import duty on lint

Cotton market on Saturday witnessed slow down in trading activity following the governmentâ€™s decision to withdraw duty and taxes on lint imports. This is a timely decision because much of the

2017-12-23 12:00:00

US to impose AD duties on imports of fine denier PSF from 4 countries

The preliminary anti-dumping determinations by the US department of commerce that producers and exporters from the 4 countries China, India, Korea and Taiwan are selling merchandise at less than fair

2017-12-16 12:00:00

Weavers awaits official notification on increased import duty on MMF fabrics

After the government's announcement on increasing basic customs duty (BCD) on imported MMF fabrics from 10 percent to 25 percent in October, the largest man-made fabric (MMF) hub of India, Surat is

2017-12-05 10:00:00

Textile body urge to raise imports duty on MMF yarn, cotton fabric

The Confederation of Indian Textile Industry (CITI) has urged commerce and textile ministries to raise import duty on man-made fibre (MMF) yarn, cotton fabric and MMF fabrics by 15 percent to

2017-11-17 10:00:00

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

Garment exports hit hard in October as order bookings didnâ€™t happen due to the ambiguities relating to GST. The fall is one of the highest in percentage term, the worst performing export

2017-10-30 11:00:00

Hike in custom duty by 10% on imported polyester fabric

After implementation of the GST, there was a significant drop in the import duty that threatened the survival of the domestic manufacturing industry due to cheaper imports from countries like China.

2017-06-14 12:00:00

Cut in import duty on blankets to affect domestic manufacturing units

The Central governmentâ€™s decision to cut the levy of import duty and GST from 29 percent to 16 percent on all imported blankets and fabrics will leave over four crore workers engaged in the

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

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