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NITMA seeks 10% customs duty on man-made yarns in budget
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NITMA seeks 10% customs duty on man-made yarns in budget

Views:0     Author:Site Editor     Publish Time: 2021-02-22      Origin:Site

The Northern India Textiles Mills’ Association (NITMA) recently urged the government to raise customs duty on man-made yarns to 10 per cent from the current 5 per cent in the next budget, as Indonesian and Vietnamese spinners have been offering such yarns at unreasonably low prices due to huge idle capacity created by government incentives.


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