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customs+union
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
2017-02-02 14:15:00
Rs 1,555 crore budget outlay to benefit garment exports
Union Minister Smriti Irani thanked for the Rs 6,226.50 crore provision in the Budget for textiles. She further added that the Rs 1,555-crore outlay in the Budget for remission of state levies will
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
2017-01-12 17:00:00
European Commission proposes to restore GSP plus concessions to SL
The European Commission on Wednesday in exchange of the Sri Lankan government's commitment to ratify 27 international conventions on human rights, labor conditions, protection of the environment and
2016-09-16 15:00:00
Nigerian FG plan to use local textile for military, para military uniforms
The Minister of Trade, Industry and Investment of Nigeria, Hajiya A’isha Abubakar, at the 28th Annual National Education Conference of the National Union of Textile, Garment and Tailoring
2016-09-02 13:10:00
India’s woollen industry facing double whammy
India’s woollen industry is facing distress with decline in exports of woollen yarn, fabirc and made-ups by 48 percent and woollen garments by 9 percent in the first quarter of the current
2016-08-29 16:00:00
Pak govt on import of textile waste used as raw material collects 22pc tax
Pakistan’s spinning mills importing fabric waste are forced to pay 17% sales tax and 5% withholding tax at the import stage, which they cannot recover due to overall zero-rating status of the
2016-07-25 14:00:00
VN's textile and garment firms at risk of missing export target for 2016
Vietnam’s garment and textile export value in the first half of this year reached US$12.6 billion, an increase of 4.72 percent over the same period last year, accounting for 41 percent of the
2016-07-01 16:00:00
TTIP’s next round of negotiation with the U.S. to begin soon
Cecilia Malmstrom, trade commissioner of the European Commission, the executive body of the EU, in a speech at the Atlantic Council here said that the next round of negotiations of Transatlantic
2016-06-24 16:10:00
Tirupur exporters concern over UK's exit from EU
UK’s decision to exit from the European Union which in turn impacted the currency, worries exporters from the tiny town of Tirupur as many of the exporters exports around Rs26,000 crore of
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