You searched for: excise duty

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

Indian synthetic fibre and yarn producers insist for zero excise duty on MMF to spur exports

India is one of the largest producer of man-made Fibres in the world with presence of large plants having state-of-the…

9 years ago

Indian synthetic fibre producers demand neutral excise duty structure

Producer of Synthetic fibre in India have urged the government to remove bias and anomalies in excise duty structure against…

10 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

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

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

Garment retailers shift to fixed price to lower duty payment burden

Garment retailers in India have started gradually shifting from the maximum retail price regime (MRP) to fixed price regime after…

8 years ago

ISA urge govt to do away with anti-dumping duty on VSF imposed in 2010

The Indian Spinners Association (ISA) has alleged that Grasim Industries, the prime manufacturer of VSF in India, is selling the…

8 years ago

Nepali traders urge removal of countervailing duty imposed by India

The government of India has imposed countervailing duty on readymade garment products to offset excise duty levied on their own…

8 years ago