Today's International Report: India Considers Reducing The Consumption Tax On Leather Shoes.

India finance minister: India considering lowering

India finance minister Allen jttley said India will consider reducing the consumption tax of 12% of its leather shoes to 6% to promote the development of footwear industry.

The Ministry of Commerce has also put forward a proposal to lower the consumption tax on leather shoes. The aim is to promote the "India made" campaign initiated by the premier, and the leather industry has been included in one of the 25 industries in the India manufacturing movement.

In addition,

The government has appealed to the government to reduce and exempt export tax rates so as to enhance the competitiveness of India's leather products in the international market.

India leather export committee chairman Ahmad (Ahemed) said that most of the leather shoes manufacturers belong to small and medium-sized enterprises, and 12% of their excise taxes are really too high for them. This also makes India's leather shoes less competitive in the market.

Mexico footwear imports need to apply for import license ahead of time.

Mexico economist report January 29th reported that from 26 days, according to the new regulations of the Mexico government, importers of footwear products need to apply for import license ahead of time before importing such products. The application for licensing requires the import of product information, which is aimed at limiting underestimation of footwear products into the ink market and causing unfair competition to domestic products.

This rule is a new measure taken by Mexico at the end of December 2014 after the expiration of the minimum price policy for footwear products imported from China.

China Leather Association reminds Mexico shoe manufacturers to actively communicate with Mexico importers to ensure smooth trade.

Brazil levying anti-dumping import surcharge for Chinese imports will expire

The measures against trade barriers to Chinese shoe products, which were implemented by the Ministry of industry and foreign trade development in May 2010, are about to expire. The measure will impose a surcharge of $13.85 on each pair of shoes from China.

The expiration date of anti-dumping surcharge will mean that the Brazil Footwear Association will apply for an extension of the surcharge. The head of the association said that from a technical point of view, the evidence of dumping is sufficient.

The 2010 basis for decision remains.

The official explained that there is evidence that Chinese footwear manufacturers export shoes at below domestic sales prices, which is unfair competition and undermines the interests of the importing country's footwear industry.

It is these actual evidence that led Brazil to impose a 13.8% surcharge on shoes imported from China in 2010.