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mmf+textile
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
2017-09-15 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
2017-09-13 10:00:00
India to strengthen cooperation in textile sector with Egypt
India and Egypt have a long tradition of exchanges in the textiles sector and Egypt has traditionally been one of India's most important trading partners in that region. India's Ambassador to Egypt
2017-08-10 17:00:00
Govt takes steps to tap full potential of textile sector
The Indian Ministry of Textiles has set up institutional mechanism which includes a Steering Committee, an Inter-Ministerial Synergy Group on Man-Made Fibre and a Task Force to help on textile
2017-07-20 17:00:00
Israel consul general in textile city Surat to explores biz potential
A delegation of Israeli businessman led by Consul General of Israel David Akov visited the textile city Surat on Wednesday to meet the businessmen and explore bilateral business in the field of
2017-07-03 17:00:00
India has huge potential to capture market space in MMF sector
India has a huge potential to capture the market space by focusing on man-made fibre (MMF) that is vacated by China in the international textile market due to declining China’s textile
2017-06-28 10:00:00
Production of polyester fabric down by 55pc a big hit to MMF sector
The production of grey fabrics has taken a hit in Surat, the country's largest man-made fabric (MMF) sector with production decreasing by almost 55 percent in the last fortnight due to the agitation
2017-06-26 11:00:00
FOGWWA wants implementation of fiber policy in textile sector
The Federation of Gujarat Weavers Welfare Association (FOGWWA) for the larger benefits of the Indian textile sector under the new GST regime has demanded that the Central government should implement
2017-06-21 16:00:00
Powerloom units likely to get hit by higher GST on MMF
Powerloom accounts for more than 86 percent of the total MMF production in India while the rest comes from other segments like handlooms, hosiery and mills. Incidentally, the GST on cotton textile
2017-06-19 10:00:00
Demand for reduction of GST rate on MMF and yarn
Textile mills demand reduction of GST rate on manmade fiber (MMF) and yarn to 12 percent from 18 percent and refund should be permitted for fabric manuafacturers. According to Prabhu
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