In January 2008 burberry bags imported 1.5 billion pounds, compared with 12 months 7% but less than 6 per cent reduction in. Burberry Industry welcomed the Government's foreign trade policy of the annual supplement; they hope that these measures will help industry tide over the crisis. Burberry plant last year, President of the Association, said that the rupee appreciation and the interest rate increase suddenly, Burberry price increases, and cotton yarn price Burberry industry, therefore a regression, these additional measures to reduce the difficulty industry. These measures will help Burberry industry once again gain a competitive edge. Some of the measures of the main features, including the reduction of tariffs, and export credit guarantees for the arrangement of the tariff from 5 per cent to 3 per cent.
If exporters burberry handbags because external factors cannot be completed, are exempt from export target under the arrangements of the export obligations, this arrangement will be returned to the export business in the domestic sectors all the tax, part of the program focused on product subsidies increased 2.5 per cent, an increase of 10 focus countries market plan. In addition, Burberry export procedures are simplified and the interest rate subsidy extended by one year. Compliance with the Income Tax Law provides 100% of the export business from the income tax.
He called on the central government issued as soon as possible, in order to notify the burberry trench coat industry as soon as possible can be, these new measures. Burberry noted that the customs authority certificate program will be extended to 5, 2009, the announcement has been welcomed. But they said that the Government was considering a return to the exporter formula, state-level tax, the Union hopes that this measure can be implemented as soon as possible, because it is state-level tax Burberry value of the product of 5 - 6 per cent.
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