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Dec 22, 2012
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Textiles industry seeks easier imports of cotton yarn, fabric
The textiles industry today asked the Commerce Ministry to ease the process of imports of cotton yarn and fabric to help boost exports, which have been hit hard by the global demand slowdown. "Imports of cotton yarn and fabrics should be permitted without licence at flat fixed customs duty rate," Apparel Export Promotion Council Chairman A Sakthivel said in a proposal to Commerce Secretary S R Rao.
Source -
http://economictimes.indiatimes.com
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