India has intensified efforts to curb Chinese fabric imports following industry concerns over tax evasion.
The Directorate of Revenue Intelligence (DRI) seized 100 containers at Mundra Port, revealing large-scale misdeclaration to evade duties.
Textile associations estimate ₹85,000 crore in losses due to loopholes.
NITMA urges policy changes in Budget 2025-26 to regulate synthetic fabric imports.
The Directorate of Revenue Intelligence (DRI) seized 100 containers at Mundra Port, revealing large-scale misdeclaration to evade duties.
Textile associations estimate ₹85,000 crore in losses due to loopholes.
NITMA urges policy changes in Budget 2025-26 to regulate synthetic fabric imports.