India reduces duties on leather machinery by 2.5%
28/02/2013
The Indian government has reduced excise duties on machinery for the manufacture of leathergoods, including footwear, from 7.5% to 5%. Finance minister P Chidambaram made the announcement during his 2013-14 budget speech in New Delhi today. The Federation of Indian Export Organisations director general Ajai Sahai said this will increase...
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