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levies
2018-01-23 10:00:00
Textile and garments industry eye more incentives
The Apparel Export Promotion Council has sought a number of interventions from the government, which include more incentives, continuation of the duty-free import of speciality fabric up to 1 percent
2017-12-07 16:00:00
Govt in its mid term FTP 2015-20 review announces new measures to boost trade
The Indian government in its mid-term review of Foreign Trade Policy (FTP) 2015-20 has announced a slew of new measures will be boost trade facilitation and ease of doing business. Union Commerce and
2017-11-27 11:00:00
Govt enhances incentive rates to boost textiles exports
The export of ready-made garments had declined by nearly 40% to $829 million in October. The move on MEIS is expected to cost the exchequer a shade under Rs 1,150 crore during the current financial
2017-10-30 11:00:00
Hike in custom duty by 10% on imported polyester fabric
After implementation of the GST, there was a significant drop in the import duty that threatened the survival of the domestic manufacturing industry due to cheaper imports from countries like China.
2017-10-24 12:00:00
Revision of incentives helps Pakistan’s textile exports gain traction
The Ministry of Textiles of the Pakistan Government has issued a notification stating that in pursuance of entry 7 of item 39 of Schedule II of the Rules of Business, 1973, the Prime Minister package
2017-10-10 10:00:00
Latest revision of GST rates welcomed by textile industry
The Country’s finance minister Arun Jaitley on Friday announced latest revision in the goods and services tax (GST) rates. Tax rates on man-made yarn is reduced from 18 percent to 12
2017-09-25 12:00:00
Government urged to reconsider duty drawback rate
The government urged to reconsider the decision to reduce the duty drawback to knitwear export sector from 7.6 to two percent as it would hit hard the garment sector in neighbouring Tirupur export
2017-09-15 15:00:00
Lack of clarity on DBK rate, ROSL to impact textile exports
The textile industry are unable to book orders due to lack of clarity on the duty drawback rate and Rebate of State Levies (ROSL) on export of garments and made up textile articles, and this could
2017-08-04 17:00:00
Textile exports registers positive trend in last three years in India
Indian textile export has registered a positive growth, with a 3.2 percent growth rate in the last three years, this was informed by Minister of State, Textiles, Ajay Tamta at the Lok Sabha and
2017-08-02 10:00:00
Garment exporters gets interim relief with Govt announcing RoSL
The Ministry of Textile on Tuesday in New Delhi announced transitional rates for Remission of State Levies (RoSL) of garments & made-ups, exporters of garment & made- up will get ample relieve and
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