Indian small and medium enterprises (SMEs) hailed a string of positive measures included in the Union Budget 2020-21 tabled in the Parliament last week.
A group of textile companies on Monday approached the Directorate General of Trade Remedies (DGTR) against a move by Reliance Industries Ltd and India Glycols Ltd seeking imposition of anti-dumping duties on a raw material used to make polyester.
The Union Budget 2020-21, announced on February 1 by Finance Minister Nirmala Sitharaman in the Parliament, allocated Rs 7,572.20 crore for the Micro, Small and Medium Enterprises (MSMEs).
The Union Budget decision to review ‘rules of origin’ of the clause under the Customs Act to check misuse of FTA route and strengthening provisions relating to safeguard duty; may check rising flow of textile (readymade garments) imports from Bangladesh.
New Delhi, Feb 3 (IANS) The Confederation of Indian Textile Industry (CITI) has issued advertisements in leading newspapers thanking Prime Minister Narendra Modi and Textiles Minister Smriti Irani for abolishing anti-dumping duty on purified terephthalic acid (PTA).
Ludhiana: Irked over the slow speed of processing of GST refunds, city exporters are demanding appointing of a nodal officer in the central GST and customs departments for faster processing of the same.