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Home News News and Press Release Month 8 2014 2014 (8) This

Protection of Textile Industry from Cheap Imports

6-8-2014
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The Minister of Textiles had requested the Department of Revenue to enhance Basic Customs Duty on Twisted Silk Yarn and Silk fabrics from existing 10% to 15%, in order to protect the domestic industry from cheap imports. The request was not acceded to.

The information was given by the Minister of State (Independent Charge) in the Ministry of Commerce & Industry Smt. Nirmala Sitharaman in a written reply in Rajya Sabha today.

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