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Synthetic yarn may get cheaper with anti-dumping duty removal on PTA
While it will improve cost efficiencies in the textile industry, manufacturers of this key raw material may see their margins getting squeezed
Heeding industry's demand, govt raises duty on polyester fabrics to 20%
The industry had made representations to the government and the GST Council to increase the basic customs duty on fabrics to retain the competitiveness of the domestic manufacturing industry