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tax+exemption
2017-03-28 10:00:00
Indonesian textile sales to rise by 10pc this year with focus on ecommerce
With growing number of Indonesian textile companies using e-commerce system or online sales has given rise to optimism in the sales of the country's textiles this year, which is predicted to rise 10
2017-01-20 10:00:00
Textile industry seek for a uniform duty of 5pc under GST
The government has already announced special packages for different segments of the textile industry in June last year and for made ups (an article manufactured and/or stitched from any type of
2016-12-05 10:00:00
Rwanda govt exempts import duties and VAT on textile raw materials
Rwanda government to boost Made in Rwanda campaign has announced tax exemption for importation of textile raw materials and leather, it applies to both import duties and Value Added Tax (VAT) which
2016-10-19 13:01:00
MP Textile mills body ask for sops to set up textile units
Madhya Pradesh, the 5th largest cotton producing state in the country. With an aim to develop textile sector, the government claims to offer scores of facilities and tax relaxations for setting up
2016-09-10 11:00:00
Chinese textile grp keen to set up textile industry in Uttarakhand
A delegation of Chinese Textile Company, Zhejiang Daoqin Textile Co Ltd has expressed interest in setting up of a textile industry in the Sitarganj Pase-II industrial estate in Uttarakhand state for
2016-09-07 15:00:00
Govt on the verge of implementing GST of 12% for textile industry
The government has so far incentivized the textile industry that has been one of the largest contributors to the country’s exports and provider of jobs to million. The latest being the
2016-08-30 15:00:00
Rwanda textile industry hampered by heavy import duties on raw material
Made-in-Rwanda campaign launched in 2014 might be slowed down if more incentives are not introduced by the Government to promote locally manufactured clothes. As heavy custom duties are hampering the
2016-08-04 12:00:00
Disparity in excise duty rates of cotton and MMF likely to be erased
At present, man-made fibres attract a 12% excise duty while cotton fibres attract none. This duty disparity has distorted the domestic consumption pattern in favour of the cotton fibre, divergent to
2016-08-03 11:00:00
Chinese company show interest to invest Rs600cr in Uttarakhand textile park
A Chinese company has evinced interest in investing Rs600 crore in 35 acres in the textile park at Sitarganj in Udham Singh Nagar in the state. This is likely to help the textile industry of
2016-07-13 16:00:00
Mitumba' clothes will cost more as it will attract duty
Second-hand clothes, popularly known as mitumba, are mostly imported from North America and Europe into Kenya. Most of these second-hand clothes are sold in Gikomba Market, Nairobi. It is estimated
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