Mr Zutshi however was critical about the imposition of the 10 percent excise duty on branded clothing. He said, “The input processes in apparel production are very complicated so it's not very simple for international partners to understand customs policies and procedures. Once you open the doors for FDI, the investors look for single window clearances.
“Currently one has to through multiple levels of clearances, apart from which there are different committees. Once the government makes up its mind that, they want more people to come and invest in this country, they will have to look at simplifying the process”, he wrapped up this very informative interview by saying.
Fibre2fashion News Desk - India
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