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refund+state+levies
2018-01-30 10:00:00
India's textile industry getting hammered with imports flooding the market
Representatives of textile industry have come forward to register their "disappointment" with the government for ignoring the calls of an industry which has been "one of the most impacted by GST".
2018-01-23 10:00:00
Textile and garments industry eye more incentives
The Apparel Export Promotion Council has sought a number of interventions from the government, which include more incentives, continuation of the duty-free import of speciality fabric up to 1 percent
2017-11-27 11:00:00
Govt enhances incentive rates to boost textiles exports
The export of ready-made garments had declined by nearly 40% to $829 million in October. The move on MEIS is expected to cost the exchequer a shade under Rs 1,150 crore during the current financial
2017-10-10 10:00:00
Latest revision of GST rates welcomed by textile industry
The Country’s finance minister Arun Jaitley on Friday announced latest revision in the goods and services tax (GST) rates. Tax rates on man-made yarn is reduced from 18 percent to 12
2017-09-25 12:00:00
Government urged to reconsider duty drawback rate
The government urged to reconsider the decision to reduce the duty drawback to knitwear export sector from 7.6 to two percent as it would hit hard the garment sector in neighbouring Tirupur export
2017-09-15 15:00:00
Lack of clarity on DBK rate, ROSL to impact textile exports
The textile industry are unable to book orders due to lack of clarity on the duty drawback rate and Rebate of State Levies (ROSL) on export of garments and made up textile articles, and this could
2016-09-16 12:00:00
Special textile package is yet to take off in creating jobs, productivity
The special textile package approval by the cabinet and announced by the government in June which involves a total outlay of Rs 6,000 crore aimed at improving competitiveness and generating higher
2016-06-23 12:30:00
Special textile package announced to add glitter to Surat MMF sector
The country's largest man-made fabric (MMF) sector in Surat now eagerly awaiting the fine print of the Rs6,000 crore worth special textile package announced by finance minister Arun Jaitely on
2016-06-13 15:00:00
Exporters wait zero-rated regime notification to make shipment as per rule
Five Export Sectors' Associations in Multan have urged the Federal Minister for Finance and the FBR chairman to immediately issue the notification for zero-rated regime for export oriented textile
2016-04-22 12:00:00
Zero-rating status a hope for decline in textile exports
The Pakistan textile industry has been facing troubles due to huge liquidity outstanding in sales tax refund, customs rebate and drawback on local taxes and levies claims. In the wake of this
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