Home / Knowledge / News / Apparel/Garments / 'Exempt garment exports from payment of service tax' - TEA
'Exempt garment exports from payment of service tax' - TEA
25
Feb '09
The Central Government (24.2.2009) reduced the rate of Service Tax from 12% to 10% as a relief measure to the industries.

Shri. A. Sakthivel, President TEA said that 2% reduction in Service Tax will give only a very minimum relief to the ailing exporting industries and added considering the gravity of impact of economic slow down in the global market, the Central Government should give a complete exemption to the exporting industries from the payment of Service Tax immediately.

Shri. Sakthivel further said that when the exporting industries were undergoing a severe crisis and struggling to save job losses, at this juncture, a piece-meal measure from the Government would not be anyway helpful to bail out the exporting industries. He added that in view of the mounting problems, Government should immediately announce the measures requested by the exporting industries.

Tirupur Exporters' Association

Must ReadView All

Apparel/Garments | On 5th Dec 2016

EC proposes new tax rules to support e-commerce in EU

The European Commission (EC) has unveiled a series of measures to...

Textiles | On 5th Dec 2016

US textile & apparel exports down 6.44% in Jan-Sept ’16

The exports of textile and apparel from United States were down 6.44...

Textiles | On 5th Dec 2016

Pakistan’s 2016-17 cotton output surpasses last season

Cotton output in Pakistan during 2016-17 season has already surpassed ...

Interviews View All

Neel Sawhney
One Friday

‘The share of kidswear segment in the online sector is still small in...

Janak Dhamanwala & Sunil Dhamanwala
Jansun

Moving towards sustainability is also a social change

Kamlesh Vaghela
RK Textiles

Very few machinery manufacturers have R&D units

Eamonn Tighe
Nature Works LLC

Eamonn Tighe, Fibres and Nonwovens - Business Development Manager of...

Suresh Patel
Sidwin Fabric

Sidwin Fabric is a manufacturer and exporter of polypropylene textiles and ...

Marten Alkhagen
Swerea IVF AB

Marten Alkhagen, Senior Scientist - Nonwoven and Technical Textiles of...

Sonam & Paras Modi
SVA

Sonam and Paras Modi's Sva Couture is synonymous with head-turning...

Jay Ramrakhiani
Occasions Elegance Wear

It is believed that by early 19th century, Varanasi weavers had moved away ...

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
December 2016

December 2016

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

SUBSCRIBE


Browse Our Archives

GO


Advanced Search