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Tag: readymade garment

New Textile Policies announced to reincarnate its revenue
Apparel and Textile News Ministry of Textiles News

New Textile Policies announced to reincarnate its revenue

The readymade garment sector is the largest contributor to the country’s overall textile exports and employs about 12 million persons now. The Union Textile Commissioner Kavita Gupta revealed that the relief package announced in 2016 boost the garment and made-ups sectors to create around 2.5 lakh new jobs in the country. The provision of 240 […]

Rules On Raids For Tax Evasion By CBEC
Apparel and Textile News Trade Info News

Rules On Raids For Tax Evasion By CBEC

The revenue department has directed excise officials to visit readymade garment retail outlets or chains only when they have specific inputs regarding duty evasion and that too after the approval of senior officers. The Central Board of Excise and Customs (CBEC) was clarifying on the scope of levy of excise duty on branded readymade garments […]

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