APTMA suggests withdrawal of custom duty and sales tax on the import of cotton and polyester staple fibre

Related Keywords: cotton and Polyester Staple Fibre, cotton crop, Cotton Yarns, import levies, raw cotton, spinning industry, Textile Industry

Lahore
Summary: 
The APTMA spokesman has expressed alarm over the cut of regulatory duty on the import of cotton yarns from 10% to 5. The duty was charged to restrict strident increase in import of undervalue and subsidized cotton yarn entering in our domestic commerce. APTMA spokesman termed it as contrary to the cascading principle of tariff, saying that the domestic spinning industry is fighting for its survival as both its major raw materials i.e. cotton and Polyester Staple Fibre are strained with the imposition of import levies despite shortage in domestic production.

The APTMA spokesman has expressed alarm over the cut of regulatory duty on the import of cotton yarns from 10% to 5. The duty was charged to restrict strident increase in import of undervalue and subsidized cotton yarn entering in our domestic commerce. APTMA spokesman termed it as contrary to the cascading principle of tariff, saying that the domestic spinning industry is fighting for its survival as both its major raw materials i.e. cotton and Polyester Staple Fibre are strained with the imposition of import levies despite shortage in domestic production.

https://nation.com.pk/19-Oct-2018/aptma-urges-govt-to-withdraw-st-on-cotton-psf-import
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The 12th international Istanbul yarn fair coming up soon

Related Keywords: biggest cotton producer, Cotton Rich Yarns, Cotton Yarns, Embroidery Yarns, exhibit its product, four day event, home of yarn products, International Istanbul Yarn fair, J Korin spinning company, meeting point of region trade, Nylon Yarns, Surat based, Wool Yarns, yarn industry

Istanbul
The 12th international Istanbul yarn fair coming up soon
Summary: 
The 12th International Istanbul Yarn Fair is coming up soon. It is the most comprehensive yarn fair that is hosted in Turkey and Eurasia. The fair serves as a meeting point of the region's trade and presents a clear picture about the yarn industry. The four-day event to be held in Tuyap Exhibition Centre in Istanbul, Turkey on February 5-8, 2015 organized by Tuyap Fairs and Exhibitions Organization Inc.

The 12th International Istanbul Yarn Fair is coming up soon. It is the most comprehensive yarn fair that is hosted in Turkey and Eurasia. The fair serves as a meeting point of the region's trade and presents a clear picture about the yarn industry. The four-day event to be held in Tuyap Exhibition Centre in Istanbul, Turkey on February 5-8, 2015 organized by Tuyap Fairs and Exhibitions Organization Inc.

http://www.tradefairdates.com/Istanbul-Yarn-Fair-M6064/Istanbul.html
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