Tag: inverted duty structure
This is precisely not in my backyard syndrome!
When we are talking about 'Make in India', the approach of the Government and the Industry (textile & machinery) should be holistic, says Sachin Arora. ... Read More
Ludhiana’s textile sector struggling with tax anomalies
The industrialists are seeking the removal of the 11 per cent import duty on raw cotton, which was introduced in October 2021. The spinning industry ... Read More
NITI Aayog probes textile sector’s tax hurdles
During the recent stakeholder consultation, the industry raised several issues, including the import duty on cotton and textile machinery and the inverted duty structure in ... Read More
Synthetic fibre prices to go up due to new GST rate
The GST Council, has decided to impose 12% GST on all textile products except cotton to correct inverted duty structure in the sector. The new ... Read More
Synthetic fibre prices to go up due to new GST rate
The GST Council, has decided to impose 12% GST on all textile products except cotton to correct inverted duty structure in the sector. The new ... Read More
Synthetic fibre prices to go up due to new GST rate
The GST Council, has decided to impose 12% GST on all textile products except cotton to correct inverted duty structure in the sector. The new ... Read More
Synthetic fibre prices to go up due to new GST rate
The GST Council, has decided to impose 12% GST on all textile products except cotton to correct inverted duty structure in the sector. The new ... Read More