The announcement regarding the increase in basic customs duty from 10 per cent to 20 per cent on specified garments has brought cheer to garment exporters in the Tirupur knitwear cluster.

ThreadSol, a leading garment technology firm, headquartered in Singapore, organised the first edition of Apparel Tech-Up India in Tirupur, the knitwear capital of India, this month, in association with Mehala Machines.

Coimbatore: The Union finance ministry’s decision to increase basic customs duty on readymade garments to 20% from 10% has brought relief to the garment industry. 

NEW DELHI:In order to help the ailing domestic textile sector, the government has decided to double import duty on over 50 textile products including carpets, woven fabric, jackets and baby garments, among others.

Mumbai: New amendments announced to the goods and services tax framework have helped resolve a dispute surrounding the constitutional validity of levying tax on goods sold within bonded warehouses. 

In a major relief to the domestic textile industry, the government has doubled the import duty on over 50 textile products — from fibre to apparels.