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The Central Board of Excise and Customs (CBEC) through the Circular No.10/2016-Customs dated March 15, 2016 has announced the implementation of the ‘Indian Customs Single Window Project’ to facilitate trade. The Department of Revenue (CBEC), Ministry of Finance, has written, vide its letter dated March 31, 2016 addressed to all Principal Commissioners/Commissioners of Customs & Excise, Customs (Preventive) with regard to implementation of the single window “Integrated Declaration†with effect from April 1, 2016
Customers in India requested Keisokki to develop an instrument, which will give them information on index as well as the number of hairs. Keeping this in mind, Keisokki developed Laserspot LST V, which gives information on the number of hairs as well as the hairiness index. The company introduced Laserspot as a solution to spinners troubled by hairiness.
India is targeting to increase its bilateral trade with the US to $500 billion from current levels of over $100 billion in the near term
The Central Board of Excise and Customs (CBEC) has issued Notification No. 28/2016-Cus dated March 31, 2016 amending the earlier Notification No.69/2011-Customs, dated the July 29, 2011. As per the current Notification, the Government has provided deeper tariff concessions in respect of specified goods imported under the India-Japan Comprehensive Economic Partnership Agreement (IJCEPA), w.e.f. April 1, 2016 vide.
Indigo Prints Smart Pvt Ltd, Mumbai, offers the VORAN Series Eco-Solvent Printers, which are designed for high and quality level production concept. The machines are the best solution to the beginners as well as established printing units. These machines perform consistently with quality for short print runs and also even for volume production. The performance of these machines is unbeatable for long working hours also. Simple and comfortable operation and easy maintenance are the additional features of this machine.
Soaring cotton prices are spinning the spinners’ future out of control. Dipping cotton stock is adding to the woes. At this stage, a sharp drop in cotton prices is only a far cry, reveals an ITJ Exclusive Report. Cotton has never failed in the last one decade to kick up controversies with various interests getting down to a tug of war trying to call the shots. The year 2006 is no exception. The sharp rise of over 35 per cent in domestic cotton prices since May 2016 is certain to squeeze ginners and spinners profitability by over 15 per cent, says India Ratings and Research (Ind-Ra).
WACKER POLYMERS is to raise its prices for vinyl acetate-ethylene and ethylene-vinyl chloride-based copolymer dispersions of the VINNAPAS® and VINNOL® brand in the Americas region. As customer contracts allow, effective June 15, 2016, prices will be raised by up to five per cent. This measure has been necessitated by the increase in raw-material costs, especially for vinyl acetate monomer (VAM), a crucial raw material for the manufacturing of WACKER’s dispersions.
India is targeting to increase its bilateral trade with the US to $500 billion from current levels of over $100 billion in the near term
The DGFT has notified vide Public Notice No. 67/2015-2020 dated March 30, 2016 that ?Textiles Committee? would also be one of the competent agencies to issue Certificate of Origin (COO) under certain Free Trade Agreements (FTAs)/Preferential Trade Agreement(PTAs) along with the other Authorised Agencies.