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2017-06-13 14:00:00
DGFT creates GST facilitation cell to assist and advice exporters
Directorate General of Foreign Trade (DGFT), functioning under the ministry of commerce and industry, Government of India, has constituted a Goods and Services Tax (GST) facilitation cell to assist
2017-06-07 10:00:00
Varied GST rates for knitwear production chain to create complexities
With the different Good and Services Tax (GST) scales fixed for various processes in the knitwear production chain is going to have ramifications considering that the production chain in Tirupur
2017-05-03 11:00:00
South Indian textile industry urge for lowest GST slab rate
The textile chain under the optional Cenvat provisions presently enjoys zero percent central excise benefit. The South Indian textile industry to support the sector proposed that a uniform 5 percent
2017-04-29 10:00:00
India may face challenge of phasing out export subsidies soon
India may face the larger challenge of completely phasing out all export incentives with its per capita gross national income (GNI) set to cross $1,000 for three consecutive years, after which India
2017-03-28 12:30:00
India likely to impose anti-dumping duty on filament yarn from 4 countries
The government likely to impose an anti-dumping duty of up to USD 3.44 per kg on import of a particular variety of yarn from four countries – China, South Korea, Taiwan and Vietnam. After the
2017-03-27 11:00:00
Kenyan govt to boost partnership with local textile sector to improve quality
The Ministry of Industry and Trade in a bid to improve quality of products is enhancing partnerships with local textile and apparel sector. The partnership between the government and private sector
2017-03-14 10:00:00
Ind-Ra sees stable outlook for cotton in FY18
India Ratings (Ind-Ra) has revised its cotton outlook to stable for the next financial year (2017-18) from negative for the fiscal year 2016-17 following steady input prices, healthy capacity
2017-03-10 15:00:00
APPLA demand bailout package for powerloom industry
Pakistan’s seventy percent powerlooms have so far been shut down due to expensive electricity and unaffordable prices of yarn, according to All Pakistan Powerlooms Association (APPLA) and
2017-02-27 12:00:00
Govt to achieve $35b exports by 2018 taking effective steps on all fronts
The Pakistan government to achieve its ambitious export target of US dollar 35 billion by 2018 is taking effective steps on all fronts and also exploring every aspect under a multi-pronged strategy
2017-01-06 13:30:00
Textile mills hopes to see boost in fourth quarter results
Textile mills are banking on the textile ministry's move to allow mills to pay only 10 percent of procurement money that has come as a breather. The move could ease production cost in the last
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