Apparel and Textile News Trade Info News

AEPC urges to address embedded Taxes on Exports

The Apparel Export Promotion Council (AEPC) has urged the Indian government to address the refund of embedded taxes on exports, ahead of the GST Council’s meeting on October 6. These taxes used in textiles include the levies on cotton, electricity, and input tax credit restrictions for man-made fibres which is purchased from unregistered dealers. Before […]

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October 5, 2017
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128 Views

Apparel and Textile News Trade Info News

New Duty Drawback rates for apparel by Indian Gov.

Due to global economic conditions, rupee overvaluation and uncertainties post by the GST regime, the industry is facing a continuous decline in exports has made the Government of India to announce new duty drawback rates for various export products including textile and garment for the year 2017-18, which will be effective from October one. The […]

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September 25, 2017
6 Comments
169 Views

Apparel and Textile News Trade Info News

Demand for lower GST rates on MMF & Yarn

The Confederation of Indian Textile Industry (CITI) has urged the finance minister Arun Jaitely for reducing GST rates on man-made fibres (MMF) and yarns from 18 per cent to 12 per cent otherwise this would affect the MMF textile segment prospects in the country in a big way. This will come as big blow to […]

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June 20, 2017
2 Comments
153 Views

Apparel and Textile News Events and Exhibitions News

Source India 2016 Begins In Surat On Aug 13

Source India 2016, India’s Premier sourcing show for man-made fibres (MMF) and blended textiles for international buyers will be held at Surat International Exhibition & Convention Center in Surat from August 13. It is one of the flagship events of the organizer’s Synthetic & Rayon Textiles Export Promotion Council (SRTEPC). India is one of the […]

appareltalk
July 28, 2016
4 Comments
96 Views

Apparel and Textile News Ministry of Textiles News

Ministry Recommends Cut in Excise Duty on MMF

The textiles ministry has recommended to the centre to reduce excise duty on man-made fibres (MMF) from 12 per cent to six per cent, according to a report. The recommendations came following textile commissioner, Kavita Gupta’s discussions with various export promotion councils and traders’ bodies recently. At a meeting with Tirupur Exporters’ Association at Tirupur, […]

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November 3, 2015
2 Comments
110 Views

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Tag: man-made fibres

AEPC urges to address embedded Taxes on Exports

New Duty Drawback rates for apparel by Indian Gov.

Demand for lower GST rates on MMF & Yarn

Source India 2016 Begins In Surat On Aug 13

Ministry Recommends Cut in Excise Duty on MMF