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Import Tax On Some Textile Products Doubled To 20%
07 Aug 2018, 03:33 PM IST
NEW DELHI: Import tax on some textile products has been doubled to 20 per cent, the government said in a statement on Tuesday, increasing duty on fabric-related commodities for the second time in a month.
The move is expected to provide relief to the domestic textile industry, which has been hit by a rise in imports of certain products.
The government last month also raised import duty on some textile products such as fibre and apparels.
© Thomson Reuters 2018
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