Yarn of textile bast fibres folded

Yarn of textile bast fibres folded

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balaraju, executive director, srtepc. info srtepc jan. 2018 | 2 cover story 10% to 20% on these three tariff lines of manmade fibre knitted or crocheted fabrics also. at present gst on fibres is 18% whereas on the yarn stage it is 12% thereby creating accumulation of input tax credit of 2-3% which remains
embedded. this is an additional cost burden on the exporters. it was therefore requested to reduce gst on manmade fibres to 12% from 18%. post gst, the mmf textile exporters manufacturing textile goods have to pay igst of 18% of the assessable value while procuring capital goods by imports as well as...
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percent year-on-year, in january 2014. the exports of textile raw materials from portugal increased by 10 percent year-on-year, of which, the exports of synthetic or man- made fibres grew 19 percent, of special and tufted fabrics by about 17 percent, and of impregnated, coated or covered and other textiles
fiscal year. i t i s learn t tha t the rupee apprec ia t ion, re la t ive ly less orders from china, import of increased quantity of indian yarn to the country, disruption in the gas supply to the textile sector and materialisation of proposed 2 percent to 17 percent tax on exports of textile products...
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