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Customs duty doubled on 328 textile products

Customs duty doubled on 328 textile products

Sentinel Digital DeskBy : Sentinel Digital Desk

  |  8 Aug 2018 2:14 PM GMT

NEW DELHI: To promote domestic manufacturing, the government on Tuesday increased the customs duty on over 300 textile products to 20 per cent.

A notification seeking to “increase customs duty on 328 tariff lines of textile products from the existing rate of 10 per cent to 20 per cent under Section 159 of the Customs Act” was tabled in the Lok Sabha by Minister of State for Finance Pon Radhakrishnan. (IANS)

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