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reduce+vat+two+percent
2023-06-07 18:15:07
Polartec innovates with eco-engineering
The material eco-engineer, Polartec, an American company, has been a leading developer of cutting-edge and environmentally friendly textile solutions and is creating performance fabrics for the past
2022-04-08 03:28:27
Patagonia to eliminate discount unless Australian wholesalers reduce footprint
Sustainable outdoor clothing company, Patagonia, is eliminating all order discounts for its Australian wholesale partners unless they take steps to minimize their carbon footprint, in an effort to
2016-08-22 16:00:00
Lack of innovation keeps cotton yield in Pakistan low compared with China
Pakistan despite being the fourth largest cotton producer remains at the bottom ladder of productivity. Its average per hectare yield of 560 kilogrammes is better than Indian yield of 516 kg.
2016-07-20 16:00:00
India’s cotton cultivation declines by 8 percent this year
The Cotton Corporation of India, (CCI) had earlier predicted higher cotton acreage for 2015-16. Now, the total cotton output of India is also expected to be a dismal 352 lakh bales, compared to the
2016-04-21 13:00:00
Pvt cos exempt from withholding VAT at source under new VAT law
Currently, all limited companies have to deduct VAT at source while receiving supplies and deposit the money with the exchequer as per the VAT law 1991. But the new VAT law allows only public
2016-03-18 17:00:00
Punjab reduces VAT to 3.63pc on cotton yarn and cloth
Local yarn industry was not able to compete with outside industries as there tax structure on yarn is in the range of 0-2 percent very low compared to the tax structure of Punjab. With the Punjab
2016-01-02 15:00:00
TN power loom units demand reduction of VAT on cotton yarn
The Central Sales Tax on the yarn is two percent, while in Tamil Nadu; the Value Added Tax (VAT) is five percent on cotton yarn. Further, fabric is exempted from VAT here. With the high VAT rate on
2015-06-05 11:00:00
SISPA demand reduction in VAT rate presently levied on cotton
The South India Spinners Association (SISPA)stating that the cotton production in the state is not sufficient to meet the needs of mills are force to source it from other states have urged the Tamil
2015-02-09 14:00:00
India to see drop in cotton cultivation by 15% over low price and lower demand
India’s cotton cultivation is estimated to drop by 20 percent in 2015-16 if low price and lower demand continue to remain will discourage farmers to reduce cotton cultivation, after having
2023-12-12 16:57:15
Master's graduate students develop textile technology and fiber breakthrough
A master’s graduate student from the Institut für Textiltechnik (ITA) at RWTH Aachen University has introduced a groundbreaking development—polyethylene-based carbon fibers that are two to
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