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excise+duty
2016-03-01 17:30:00
Ludhiana garment industry likely to come under the excise net
The garment manufacturing industry in Ludhiana unhappy with the third budget of the NDA government as it has imposed a two percent excise duty on branded readymade garments having retail price of
2015-11-18 10:00:00
Duty drawback rates raised to support exporters
The government has raised duty refund rates on a host of items which includes garments to give a supporting hand to exporters. These revised rates are based on average incidence of Customs and
2015-10-12 12:00:00
Textile industry wants govt to low tariffs or duty free access to boost exports
The Indian textile industry has started facing problem as competing nations like Pakistan, Vietnam, Cambodia, South Korea, Bangladesh started getting larger benefits and open window market access.
2015-07-07 15:00:00
Textile ministry to look at possibility of duty cut on MMF
The textile ministry in consultation with the finance and revenue departments to look at the possibility of a duty cut on man-made fibre as high cost of key raw material for manufacturing blended
2015-01-23 17:30:00
Textile dept decides to take up issue on duty rationalization with PM
This is for first time that the Indian department of textiles has taken up the issue of “duty rationalization†with the PM, although it has noted that the approvals of other ministries
2014-11-25 11:00:00
FIASWI urges for hike in import duty on Chinese fabric
The Federation of Indian Art Silk Weaving Industry expressing concerns over the dwindling in demand of man-made fabric (MMF) manufactured in Surat, Maharashtra and other parts of the country due 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 didn’t happen due to the ambiguities relating to GST. The fall is one of the highest in percentage term, the worst performing export
2017-08-07 10:00:00
Cut in GST rates on textile jobs works from 18 pc to 5pc
The all-powerful GST Council, headed by Finance Minister Arun Jaitley and comprising representatives of all states in its meeting held on Saturday, decided to tax all job works from stitching,
2017-07-19 10:00:00
No change in GST rate for textile
Union Minister for Finance, Defence and Corporate Affairs, Arun Jaitley Tuesday said that the GST rate structure for the textile sector was discussed in detail in the GST Council Meeting held on 3rd
2017-07-04 17:00:00
Post GST, cheaper imported apparel likely to increase
The industrial hub of Ludhiana is apprehensive that post-GST, there will be an increase in imports from countries such as Bangladesh and China, where the cost of manufacturing is lower due to the
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