Khattar writes to Jaitley to reduce customs duty
Tribune News Service
Chandigarh, October 3
Chief Minister Manohar Lal Khattar has urged Union Finance Minister Arun Jaitley to consider reducing customs duty on mutilated rags, used as ‘industrial raw material’, in the interest of spinning manufacturers of the state.
Khattar, in a written communication to the Finance Minister, said the Central Board of Indirect Taxes and Customss had increased the customs duty on Textile Chapter 63.10 from 5 per cent to 20 per cent, which had adversely affected the shoddy spinning manufacturers. He said the consequent steep rise in the production cost had seriously threatened their economic viability.
The Chief Minister said there were more than 200 units of shoddy spinning and end spinning in Panipat, which consume mutilated rags as an ‘industrial raw material’. They manufacture home furnishing products not only for exports but also for cheap quality blankets, durries, shawls, lohies etc used mainly by the poor of our nation, Khattar wrote in his letter.
