The New Delhi-based Garment Exporters Association (GEA) has sought five percent increase in duty drawback rate and capping of interest rate at seven percent, in its recommendations sent to the Ministry of Textiles, Government of India. ...
Tags: Textiles, Garment Exporters
The government of Pakistan has announced some new tax measures in its federal budget 2014-15, introducing 10 percent customs duty on flat rolled silicon and alloy steel imports to bring them to a par with flat rolled products of non- alloy ...
Tags: Import Duty, Alloy Flat Steel
The Tirupur Exporters' Association (TEA) is in favour of extension of the Mahatma Gandhi National Rural Employment Guarantee Scheme (MGNREGS) to the garment sector. At a Pre-Budget consultations meeting with Finance Minister Arun Jaitley ...
The European Parliament has announced that about 98 percent of the customs duties that Ukrainian iron, steel, farm produce and machinery exporters pay at EU borders will be removed by a proposal backed by the European Parliament on ...
Tags: Customs Duty, EU
State-owned Bangladesh Petroleum Corp has submitted a formal request to the National Board of Revenue seeking a waiver from local taxes, value added taxes and other duties imposed on refined oil product imports, in order to borrow less from ...
Tags: Petroleum, Tax Waivers, Oil Product
It's reported that India's hot rolled coil (HRC) market remains stable currently. India steel mills hiked the HRC prices by US$17~US$21/ton last week but there was no transaction due to the weak demand in local market. The HRC prices have ...
Tags: HRC, Construction, steel
The Customs Tariff Commission of China has decided to levy antidumping duties on the toluidine originating in the EU for five years from June 28, 2013. Relevant matters are hereby announced: 1. As of June 28, 2013, as regards the ...
Tags: Antidumping, EU Toluidine
India is considering to lower customs duties on wines and spirits bought from the European Union to 40% from the current 150% under a bilateral free trade agreement being negotiated between the two. The offer by Commerce and Industry ...
Tags: Customs Duties, Wines
In a major boost to the Bangladesh readymade garment sector, Finance Minister Abul Maal Abdul Muhith has announced reduction of supplementary duty (SD) on import of woven fabrics to 20 percent, in 2013-14 Budget. Presenting the Budget ...
Tags: Fabrics, Textile, Bangladesh
Focus on the import duties. Import duties will be based on the HS code of the products you import, the countries of origin which is China and the destination. In case your Chinese supplier has some export knowledge, he must know exactly ...
Tags: Importing From China
During the Gartner Supply Chain Executive Conference, being held May 21-23, 2013 in Phoenix, Arizona, Columbia Sportswear and GT Nexus will share insights and best practices for deploying cloud technology in a multi-enterprise environment ...
The Government of Canada is planning to extend the no-tariff provision for another 10 years to the Least Developed Countries (LDC) identified by the United Nations, which includes leading textile and garment manufacturing countries such as ...
The textile and apparel manufacturers of Korea are expecting a boost in exports to Turkey, as the Free Trade Agreement (FTA) between the two countries is scheduled to take effect from May 1, 2013. Korea and Turkey had started ...
Tags: Korean Textile, Textile
As part of its pre-Budget proposals submitted by the Bangladesh Textile Mills Association (BTMA) to the National Board of Revenue (NBR), the BTMA has requested the Government to continue tax holiday for new textile and apparel industries ...
The drawback committee’s constituted by government of India visited Tirupur to assess the incidents of Customs Duty, Excise Duty and Service Tax component on the export of readymade garments. Dr. A. Sakthivel, Chairman, Apparel Export ...
Tags: knitting, garment, Tirupur Cluster