INDONESIA: Government To Review Cotton Import Tax
Ministers will this week review the amount of VAT levied on cotton imports after textile and garment producers claimed the tax has triggered price increases and reduced their competitive edge. Talks are expected in the next few days after the country's trade and industry minister, Rini M S Soewandi, admitted that many policies in the monetary, taxation, health and husbandry sectors had impeded the development of domestic industries.
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