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tax
2020-04-13 10:56:32
Tax and rent breaks mulled for Vietnam’s clothing sector
Vietnam’s Ministry of Industry and Trade has named footwear and textiles among sectors that have suffered the most due to the coronavirus pandemic. Alongside garment making and leather, falling
2019-12-11 07:30:39
Sweden to impose tax on harmful chemicals in clothing and shoes
European brands are being urged to give their views on Swedish government proposals to introduce a tax on potentially harmful chemicals in clothing and shoes. The proposed tax would be aimed to
2018-10-22 11:43:00
APTMA suggests withdrawal of custom duty and sales tax on the import of cotton and polyester staple fibre
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
2018-01-24 15:00:00
Sales tax, duty on cotton imports withdrawn
The Federal Board of Revenue (FBR’s) notification states that textile sector will avail the benefits on imports of raw and ginned cotton having withdrawn sales tax and customs duty on cotton
2018-01-18 11:00:00
PHMEA demands abolition on import duties and taxes on polyester yarn
The Pakistan government had recently imposed total duties and taxes, including anti-dumping duty, account for 30 percent on the import of polyester yarn making it difficult for the polyester-based
2017-11-07 11:00:00
NRF urges to extend support to tax bill
The National Retail Federation, the world’s largest retail trade association, representing departmental and specialty stores, main street merchants, grocers, wholesalers, chain restaurants and
2017-11-02 16:00:00
Teejay see decline in net profit over high cotton prices, taxes
Teejay Lanka Plc a Sri Lankan export fabric maker are facing decline in the Net Profit due to the challenges in the markets which saw softer demand, coupled with continuing high raw material price
2017-09-01 11:00:00
Indonesian upstream textile industry urge for tax exemption
The Indonesian upstream textile industry has urged the Fiscal Policy Office in Indonesia, Badan Kebijakan Fiskal, or BKF to exempt local raw materials supplied by local manufacturers from VAT.
2017-08-04 12:00:00
Textile traders switching over to the new tax system
Amritsar, once known as the Manchester of India, the holy city-based textile industry is now known for shawl, tweed, blazer, blanket, besides suiting and shirting. After holding protests for long
2017-08-03 12:00:00
No GST registration required for raw jute, silk suppliers as it invite nil tax
The Indian Central Board of Excise and Customs (CBEC) gave clarifications on its website regarding the Goods and Services Tax (GST). The clarification was in response to complaints of mills asking
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