Home / Knowledge / News / Textiles / Textile sector seeks suspension of regulation on import duties
Textile sector seeks suspension of regulation on import duties
Jan '11
Several industrial groups have requested the government to defer the execution of new rule on import duties till next year, as the same was believed to have impaired the country's local industry.

Ade Sudrajat, Chairman of the Indonesian Textile Association said that, the new regulation caused the domestic manufacturers to incur higher cost of production due to import duty imposition on raw inputs and capital assets.

He, while addressing a conference held to discuss the issue said that, the regulation shoots up their cost of production as they need to incur higher cost for raw materials and capital goods, and it grants duty exemption to several imported finished goods.

Such high cost of production would cause the locally produced finished goods to get more costly, and would render them less competitive in comparison with those of other countries.

The 2010 Finance Ministerial Regulation on Import Duties which was issued during December last year, subjected 2,165 raw materials, capital goods, and finished goods to import duty imposition.

The ASEAN free trade agreement that the country inked with China and which became effective last year, facilitates trading of goods in partner countries without any impediment like import duties.

Fibre2fashion News Desk - India

Must ReadView All

Textiles | On 27th Oct 2016

Teijin Frontier develops Solotex RC lightweight fibre

Teijin Frontier Co. Ltd, fibre products converting company and part...

Tosha Hays addressing the conference. Courtesy: College of Family and Consumer Sciences, UGA

Textiles | On 27th Oct 2016

Industry experts discuss future of fabrics at UGA

Industry experts, researchers and military officials discussed the...

Courtesy: Global Denim Awards

Fashion | On 27th Oct 2016

Anbasja Blanken & Italian mill ITV Denim win GDA

Dutch designer Anbasja Blanken and Italian mill ITV Denim was the...

Interviews View All

Pinkesh Jain
Everflow Petrofils Ltd

‘An innovative technology which India needs desperately is the...

Shawn Honeycutt
Bolger & O'Hearn

‘The Indian market is interesting and rather persistent in seeking new...

Sunil Kumar Sharma
Loknayak JPNSSSG Ltd

'The blend of cotton–linen yarn has high demand in the domestic and...

Kerem Durdag
Biovation II LLC

Kerem Durdag, CEO, Biovation II LLC, provides an insight into future...

Larry L Kinn
Suominen Corporation

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

Marcel Alberts

Coating at a fibre level is a practice not usually seen in the...

Karan Arora
Karan Arora

Bridal couture created with rich Indian heritage, exquisite craftsmanship...

Ritu Kumar
Label Ritu Kumar

‘Classics will return’ "There are a lot of people wearing western clothes ...

Igor Chapurin

"Now we can see the Russian trend in international fashion. And Russian...

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

October 2016

October 2016

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


Browse Our Archives


Advanced Search