Home / Knowledge / News / Apparel/Garments / Govt urged to review the new tariff system
Govt urged to review the new tariff system
Jan '11
The garment traders have recently urged the government to review the July 2010 decision of levying a JD1 duty on every kilo of garments imported from other countries or five percent of its value, whichever is more.

This move of government has raised the import cost for garments and resultantly has also boosted the prices of garments in the domestic market, while the purchasing power of the buyers is waning with time.

Further, as a rise of at least 25 percent in the import costs has boosted the prices of products and has resulted in a steep fall in the demand, the dealers and retailers too are facing difficulties in selling their goods.

Prior to adoption of the prevailing tariff system, the custom officers used to work out the value of goods that were imported and then used to levy a 20 percent duty on that value. Now, the industry experts claim that, assessment under the new system of taxation always results in higher taxes.

Thus, while citing all their problems, the garment sector of the country has urged the Prime Minister to review the decision.

Fibre2fashion News Desk - India

Must ReadView All

Textiles | On 29th Apr 2017

Textile sector may have uniform GST rate: Irani

The textile sector could have a uniform Goods and Services Tax (GST)...

Textiles | On 29th Apr 2017

EU rules needed to curb textile worker exploitation: MEPs

European Union (EU) rules are needed to oblige textile and clothing...

Apparel/Garments | On 29th Apr 2017

US retail operating growth to be 1.5-2.5% in 2017: Moody's

The forecast for operating income growth in the US over the next 12...

Interviews View All

Studio Priyanka Rajiv

‘To reinvent the age-old tradition of embroidery to suit demographics and...

Rahul Bhadani

Navigating through catalogues is a bit hasslesome

Varinder Singh Jawanda
Trendy Bharat

Sizing and fitting issues are inherent problems for companies expanding...

Eamonn Tighe
Nature Works LLC

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

Marten Alkhagen
Swerea IVF AB

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

Larry L Kinn
Suominen Corporation

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

Bani Batra

Bani Batra’s couture wedding collection is inspired by traditional Indian...

Wendell Rodricks
Wendell Rodricks

"We should not compare India and the West. There are things we do that...

Yash P. Kotak
Bombay Hemp Company

One of the directors of Bombay Hemp Company, Yash P. Kotak, speaks to...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


Letter To Editor

(Max. 8000 char.)

Search Companies


news category

Related Categories:
April 2017

April 2017

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


Browse Our Archives


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