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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…

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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…

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%…

Sales tax, duty on cotton imports withdrawn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…

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…

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,…

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…

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…

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,…

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…