Home / Knowledge / News / Apparel/Garments / Ludhiana MP pleads for removal of excise duty on RMG
Ludhiana MP pleads for removal of excise duty on RMG
20
Sep '11
Manish Tewari, Ludhiana Member of Parliament and National level Spokesperson of the Congress Party, has urged the Centre to remove the recently imposed excise duty on readymade garments (RMG).

In a letter forwarded to Union Commerce Minister Anand Sharma, he stated that the duty was rolled back in 2004 owing to intervention by the Congress President Sonia Gandhi. He said the Congress President had voiced her concern regarding the adversities that the textile garment producers faced due to the Central Excise Duty imposed by the earlier BJP-led NDA Government.

Mr. Tewari said post-imposition of the new Central Excise Duty regime around six months back, several representations have been made to him by garment producers from Ludhiana as well as by representatives from many garment producing centres across the country. They have explained him regarding the troubles faced by the small and micro level garment enterprises due to obligatory duty imposition.

He further said that he is quite sure that many of the garment producers would have even approached the Minister to update him regarding their situation and the problems that they face.

He suggested that if the Finance Minister still wants to continue with the duty imposition, the burden may be shifted on yarn producers, who can pass it on to their buyers and deposit the same in the Government treasury.

Doing so, the Congress party representative said, the Government could continue to receive the revenue, for which the optional tax was converted into a compulsory one, and would at the same time save a large number of small garment manufacturers from the troubles of a harsh tax collection mechanism.

Prior to taking any final decision on the subject, the yarn producers may be consulted in this regard, however, from informal talks with some of the yarn producers, it seems they may not be hesitant to accept such a proposal, Mr. Tewari added.

Fibre2fashion News Desk - India


Must ReadView All

Pakistan govt notifies 50% duty drawback on exports

Textiles | On 21st Oct 2017

Pakistan govt notifies 50% duty drawback on exports

The Pakistan government has notified the ‘Duty Drawback of Taxes...

Ghana sets up task force to clamp down on textile piracy

Textiles | On 21st Oct 2017

Ghana sets up task force to clamp down on textile piracy

Ghana’s ministry of trade and industry has set up a taskforce to...

Courtesy: Coach

Fashion | On 21st Oct 2017

US company Coach to change name to Tapestry from Oct 31

Coach Inc., a New York-based house of modern luxury accessories and...

Interviews View All

Karan Toshniwal
Orange O Tec

Contemporary industry is paying more and more attention to the...

Amardeep Singh
Orient Craft

'In export markets, the trend in terms of embroidery, is towards matte...

Hannah Lane
Redress

Encouragement from brands will motivate supply chains to become more...

Harmeet Singh

New Delhi-based Jogindra Industries Private Limited provides an assortment ...

C Dhandayuthapani

MAG Solvics Private Limited was established in 1991 to design and develop...

Liz Manning

<div><b>Liz Manning</b>, Business Development Manager at Catexel, has...

Larry L Kinn
Suominen Corporation

Larry L Kinn, Senior Vice President - Operations Americas of Suominen...

Kevin Nelson
TissueGen

Kevin Nelson, Chief Scientific Officer, TissueGen discusses the growing...

Silke Brand-Kirsch
Schlegel und Partner

Silke Brand-Kirsch, executive partner of Schlegel und Partner, a leading...

Rupa Sood and Sharan Apparao
Nayaab

Nayaab, an exhibition meant to celebrate Indian weaves, is in its second...

Anisha Chaudhari
Threads & Shirts

Threads &amp; Shirts is a freshly-tailored concept providing men/women a...

Robert Brunner
Devereux

Golfwear and menswear brand Devereux is set for greener pastures. Robert...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

October 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

news category


Related Categories:

Planning to Take the Leap towards
Sustainability?

Do you see sustainability as a route to business growth?

Yes No

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes No

Active Poll

Do you see sustainability as a route to business growth?

Yes
77.1%
No
12.9%
Skip
10.0%

Total Votes: 70

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes No

Active Poll

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes
61.4%
No
28.6%
Skip
10.0%

Total Votes: 70

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes No

Active Poll

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes
85.7%
No
10.0%
Skip
4.3%

Total Votes: 70

Thanks for your valuable feedback. Claim your free latest sustainability e-book.

Active Poll

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes
75.7%
No
11.4%
Skip
12.9%

Total Votes: 70


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search