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2017-05-03 11:00:00
South Indian textile industry urge for lowest GST slab rate
The textile chain under the optional Cenvat provisions presently enjoys zero percent central excise benefit. The South Indian textile industry to support the sector proposed that a uniform 5 percent
2017-04-29 14:00:00
Textile industry likely to have uniform GST rate
Union Textile Minister Smriti Irani said that a conference on GST will be held soon to decide the rate, hinting that the textile industry is expected to have uniform GST rate, responding to pleas at
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
2017-01-11 14:00:00
Textile industry wants to be placed in the lower slab of GST
At a meeting held with textile minister Smriti Irani in New Delhi, the Tirupur Exporters’ Association president Raja M Shanmugham said that because of its MSME dominant nature and the slender
2016-01-28 16:00:00
Textile industry urge GST on factory price not MRP of textiles
The Indian textile industry has recommended the government to levy goods and services tax (GST) on ex-factory price, which is always much lower than the maximum retail price (MRP) as it would leave
2015-09-26 14:00:00
SIMA urge for market access policy for textiles industry
The newly elected chairman M Senthil Kumar of Southern India Mills’ Association (SIMA) at its 56th Annual General Meeting held yesterday, said that as the textile industry was equiped with
2015-03-26 15:30:00
Textile stalwarts meet textile minister to discuss industry ailments
On 20 March 2015, the textile industry stalwarts O P Lohia, Chairman and Managing Director of Indo Rama Synthetics (India) Ltd. and Madhu Sudhan Bhageria – Vice Chairman & Managing Director of
2014-01-08 11:30:00
India set to boost textile and clothing industry
India set to boost its textile & clothing industry and raise its share in world export as which Industry body FICCI has recommended some measures like labour reforms and keeping textile industry
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
2016-01-23 14:00:00
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 to salvage the textile value chains and dwindling cotton yarn
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