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excise+duty
2015-02-08 16:15:00
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. The Indian textile industry to boost use of synthetic fibre want reduction in
2015-01-06 11:00:00
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 art technology. MMF textiles constitute almost two-third of the domestic textile
2014-11-14 17:00:00
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 the man-made fibre industry as it has been affecting the growth and
2014-07-01 14:30:00
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 a great fall and downsize the garment manufacturing sector. The latest buzz
2014-03-01 12:30:00
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 in the excise duty on textile machinery from 12 percent to
2017-01-25 10:00:00
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 and lowering of import duty on raw
2017-01-23 15:30:00
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 some rationalization is expected from budget 2017-18. The textile industry wants
2016-08-02 11:00:00
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 Union Finance Minister Arun Jaitley, while announcing the Union
2016-04-17 15:00:00
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 raw material at prices much higher than global rates, hurting the
2016-04-07 17:00:00
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 products. As per traders, Indian has imposed additional countervailing
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