You searched for: reduce vat two percent

Polartec innovates with eco-engineering

The material eco-engineer Polartec, an American company, is innovating with fabric made from recycled materials, including yarn made from recycled…

11 months ago

Patagonia to eliminate discount unless Australian wholesalers reduce footprint

Patagonia is eliminating all order discounts for its Australian wholesale partners unless they take steps to minimize their carbon footprint.

2 years ago

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…

8 years ago

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…

8 years ago

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…

8 years ago

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…

8 years ago

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…

8 years ago

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…

9 years ago

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…

9 years ago

Master’s graduate students develop textile technology and fiber breakthrough

Polyethylene-based carbon fibers and near-infrared sensor technology to sort used textiles based on their fiber composition are developed by masters…

5 months ago