Budget 2024: Apparel industry set for cost reduction with duty cuts on key inputs – ET Retail
Representative photo In a move that’s expected to make winter wear, athleisure, sportswear and bottom wear cheaper, duties have been cut on real down-filling material from ducks and geese, widely used in winter wear, along with those on methylene diphenyl diisocyanate (MDI) used for making spandex yarn. Govt has cut the basic customs duty on…