Home / Knowledge / News / Textiles / SIMA urges Tamil Nadu CM to remove cess on cotton
SIMA urges Tamil Nadu CM to remove cess on cotton
16
Mar '17
The Southern India Mills Association (SIMA) has urged Edapadi Palaniswami, the chief minister of Tamil Nadu to remove 1 per cent Agricultural Market Committee Cess on cotton and cotton waste for the state budget of 2017-18. The GST committee has asked all the states to decide on their level of cess before the bill is rolled out in July.

M Senthilkumar, chairman of SIMA said that the textile industry of Tamil Nadu is an awkward position in terms of competition and the other states have already announced sops for the benefit of the textile industry.

The cost of production for spinners in Tamil Nadu is Rs 15 more than the other states as they need to get cotton bales from the other states at a rate of Rs 6 per kg, according to media reports.

Senthilkumar said that removal of cess on cotton and cotton waste will benefit the spinners and create a level playing field. (KD)

Fibre2Fashion News Desk – India


Must ReadView All

Respresentatives of over 30 Chinese companies in a meeting with officials of Kazakh Invest National Company; Courtesy: primeminister.kz

Textiles | On 17th Aug 2018

Kazakh-China cooperation in textiles explored in Astana

China and Kazakhstan have immense potential to cooperate in textiles...

Courtesy: Pexels

Textiles | On 17th Aug 2018

AWEX EMI closes at highest ever level of 2116ac clean/kg

The Australian Wool Exchange (AWEX) Eastern Market Indicator (EMI)...

Courtesy: VF Corporation

Apparel/Garments | On 17th Aug 2018

VF Corporation shifting global headquarters to Denver

VF Corporation, one of the largest apparel, footwear and accessories...

Interviews View All

Evelyne Cholet
UCMTF

‘France had a reputation of being big in new ideas, but poor in marketing...

Headhonchos
Indian textile value chain

Adopt innovative techniques, go for automisation rather than being...

Top executives
Retailers

Weak rupee breeds inflation

Harmeet Singh

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

Kamal Kulshreshth

Colorjet is among the fastest-growing wide format digital inkjet print...

Riddhi Jain

Conceived in Europe and curated in New Delhi, NeceSera is a...

Kazuaki Yazawa
Purdue University

Scientist <b>Kazuaki Yazawa</b> has developed thermoelectric semiconductor ...

Mary-Cathryn Kolb
Brrr°

Atlanta-based private start-up Brrr° was founded in 2014 to develop...

Suresh Patel
Sidwin Fabric

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

Chandani Sahi
By Chandani

By Chandani is a womenswear prêt couture brand with fusion silhouettes by...

Nisha Chanda
Whistling Woods International School of Fashion

<div>A lack of upgraded courses in costume designing and fashion as per...

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

Leave your Comments


August 2018

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

news category


Related Categories:

Advanced Search