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Apparel

IAAI lauds excise roll-back on branded clothing

The Intimate Apparel Association of India (IAAI) has appreciated Finance Minister P Chidambaram’s move of rolling back excise duty from this financial year. This rollback comes at a time when the branded apparel industry is fighting hard to sustain itself in the face of price rise, import duties and inflation. The decision of zero excise duty on...

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