Tag: polyester staple fibre
MMF textile sector requests government to reconsider anti-dumping duty on MEG
NITMA cautions that the duty will deliver a devastating blow to the predominantly MSME-based downstream industry, imperiling millions of livelihoods and stalling planned investments. The ... Read More
NITMA seeks uniform 5% GST on polyester staple fibre and polyester spun yarn
GST rate on PSY must be reduced from 12 to 5 per cent (to align with fabric which is already taxed at 5 per cent), ... Read More
Spin to Win
Spinners operating in this dynamic environment have limited control over profit margins, informs Sarathy TG. The global textile industry is witnessing a dynamic transformation fuelled ... Read More
CITI urges reduction in textile import duties
PSF was priced at Rs 76.82 per kg internationally in October 2024, while the domestic price stood at Rs 97.3 per kg, marking a 26.64 ... Read More
Synthetic textile makers seek QCO relief amid supply chain woes
Imposition of QCOs on polyester and viscose has led to a decline in production capacity and financial losses. Downstream synthetic textile manufacturers have urged the ... 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
Sutlej Textiles aims to optimise eco-friendly operations
Sutlej Textiles and Industries Ltd - the flagship textiles company of the KK Birla Group whose roots date back to pre-Independence India - is a ... Read More
