Tag: textile tax
India mulls extending RoSCTL to other textile products
India is mulling over extending the Rebate of State and Central Taxes and Levies (RoSCTL) for the garments and made-ups sector to other textile products ... Read More
MSP on kharif cotton of 2019-20 season hiked
Giving a major boost to the farmers’ income, the Cabinet Committee on Economic Affairs chaired by Prime Minister Narendra Modi has approved the increase in ... Read More
Mills seek re-look at duty drawback rates
Indian textiles and clothing exports has been struggling during the last three years due to the absence of level playing field in the global market ... Read More
GST council reduces tax rates on textile
The GST council has reduced the tax rate on job work on all textile-related items to five per cent from 18 per cent to ensure ... Read More
5% GST on fabrics to stay
The Government has ruled out relief to the textile industry, which has sought abolition of the 5 per cent GST imposed on fabrics. Read More
Good days ahead for cotton industry: SIMA
M Senthilkumar, Chairman, The Southern India Mills’ Association (SIMA) has welcomed GST era for the textile industry and highly appreciated the NDA Government especially the ... Read More
East Africa agrees on tax waiver for textiles
The six-nation East African Community (EAC) comprising Burundi, Kenya, Rwanda, South Sudan, Tanzania and Uganda have agreed to a three-year tax waiver of duties and ... Read More
