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excise+duty+textile
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
2017-06-01 15:50:00
Recycled PSF producers seek continuation of tax advantage vis-à-vis virgin PSF in GST regime
The All India Recycled Fibre & Yarn Manufacturers Association, which represents 35 recycled polyester staple fibre (PSF) producers in India, has requested the Union Finance Ministry to maintain the
2017-06-01 12:00:00
PSF recycling units seek concessional rate under GST
The All India Recycled Fibre & Yarn Manufacturers Association, which represents 35 recycled polyester staple fibre (PSF) producers mostly small and medium-scale in the country, have sought
2017-06-01 10:00:00
Surti sari to get costlier if higher GST
Indian man-made fabric (MMF) manufactured in Surat, it is estimated that around 40 percent of the production of saris and dress material is done targeting mainly the poor and lower middle class
2016-07-11 15:30:00
India imposes import restrictive tax on PTA for 5 years
The Revenue Department on recommendations of the Directorate General of Anti-Dumping and Allied Duties (DGAD), has imposed import restrictive tax on chemicals (Purified Terephthalic Acid) used in
2016-05-12 15:00:00
Dialogues with EU, US revised to get FTA signed soon
Dialogues with European Union had been revived to get the Free Trade Agreement between India and EU signed at the earliest. This would give an impetus to exports from the country, Rashmi Verma, Union
2015-08-18 11:00:00
Cotton mills forced to scale down production by 15-20pc
Representatives of the Confederation of Indian Textile Industry, South India Millers' Association, North Indian Millers Association, and Texprocil met in New Delhi on Monday to take stock of the
2015-07-10 12:00:00
Export potential for Indian synthetic yarn industry sees sharp decline again
Export potential for synthetic yarn in the Indian industry is seeing a sharp decline again with the dwindling Chinese economy. The recent market crash in China has a lot to do with bleak outlook of
2015-06-08 12:00:00
Domestic synthetic yarn losing market share
Anil Rajvanshi, Chairman of Synthetic and Rayon Textiles Export Promotion Council had a meet with the Union Textiles Minister Santosh Kumar Gangwar over the rising ingress of foreign yarn. In a
2014-12-01 17:00:00
Texpreneurs forum urge for fibre policy to make the spinning sector in India more competitive
The Indian textile industry is facing hurdle on account of differential taxation, rising energy cost, lop-sided fibre and trade policy. And this is at a time when the global demand for fibre
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