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Leather products exporters unhappy with tax rise

The recent goods and services tax (GST) increase on finished leather goods from 5% to 12% has been poorly received by the local leather supply chain and the Indian Leather Products Association fears the move will harm exports. 


India raises leather work tax to 12%

India’s Goods and Services Tax (GST) Council has made the decision to increase GST tax on work related to the processing and manufacture of leather goods and footwear.


U.S. drops tariffs in global tax overhaul

The Unites States has reached an agreement with Italy, Spain, France, the UK and Austria to end the threat of tariffs in exchange for the removal of digital services taxes imposed on companies like Facebook, Amazon and Google.