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sales+tax+refund
2019-10-15 13:00:00
Immediate release of refunds may help?
The textile industry has sought immediate release of refunds under various government schemes to ease the liquidity crunch faced by manufacturers and exporters. In a joint memorandum presented by
2017-01-25 15:00:00
Pakistani textile exporters allowed duty drawback of taxes
The Pakistan Ministry of Textile Industry under the prime minister's package of incentives has allowed duty drawback of taxes for exporters. The duty drawbacks under this order shall be allowed for
2016-08-29 16:00:00
Pak govt on import of textile waste used as raw material collects 22pc tax
Pakistan’s spinning mills importing fabric waste are forced to pay 17% sales tax and 5% withholding tax at the import stage, which they cannot recover due to overall zero-rating status of the
2016-05-24 15:00:00
Aptma propose duty and sales tax exemption on cotton import
The All Pakistan Textile Mills Association (Aptma) considering the shortfall in the local cotton output, urged the government on Monday to allow duty and sales tax exemption on import of raw and
2016-05-15 14:00:00
Textile ministry opposes FBR’s move to increase sales tax
The proposal to be presented to Prime Minister Nawaz Sharif for approval to increase the sales tax on textile, leather, carpets, sports goods and surgical goods was part of the tax measures for new
2016-03-22 16:00:00
Tax concessions to help revive yarn units of Punjab and Haryana
Buying of cheaper cotton yarn by fabric and garmenting units located in Ludhiana and Gurgaon from other parts of India had hit local units due to high value added tax (VAT). The tax concessions
2016-01-22 12:00:00
Sales tax to be levied on entire supply chain, manufacturing
The Pakistani Federal Board of Revenue (FBR) has issued a detailed clarification in response to contentions expressed over double taxation by a Karachi Chamber of Commerce and Industry (KCCI)
2015-12-18 14:00:00
Pakistan exporters vexed over non release of customs rebate, ST refunds
The Pakistani value added textile exporters vexed over the non-release of their customs rebate and sales tax refunds that came to huge amount scaling down the textile manufacturing and pushing the
2015-01-31 15:00:00
Pakistani value-added textile sector in immense problem as Rs 205 bn refund claims stuck up with FBR
Pakistan value-added textile sector hamstrung by cash crunch as more than Rs 205 billion refunds has been stuck up with the government. Federal Board of Revenue (FBR) still withholds more than Rs 13
2015-01-15 14:00:00
Pakistan textile industry seek full refund of export tax rebates asap
Pakistan government is yet to clear refunds worth Rs50 billion for textile exporters under the duty drawback scheme, accumulating till October 2014. The delay in releasing the outstanding tax and
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