Tag: polyester staple fibre

NITMA seeks uniform 5% GST on polyester staple fibre and polyester spun yarn

admin- August 28, 2025

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

admin- January 21, 2025

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

admin- January 10, 2025

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

admin- July 15, 2024

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

admin- August 4, 2023

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

admin- October 1, 2021

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