Increase in Basic Custom Duty would reduce Imports: SIMA
Increasing the basic Customs duty on imported polyester fabrics from 10 per cent to 20 per cent, The Southern India Mills Association (SIMA) today thanked the Union finance and textile ministers and GST council for the announcement. SIMA chairman P Natarajan said, “Since man-made fibre price in India cost 20 to 30 per cent more […]









