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sales+tax
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
2017-03-28 10:00:00
Indonesian textile sales to rise by 10pc this year with focus on ecommerce
With growing number of Indonesian textile companies using e-commerce system or online sales has given rise to optimism in the sales of the country's textiles this year, which is predicted to rise 10
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
2016-12-17 16:00:00
Egyptian garment and textile exports may take time to see surge in sales
Egypt’s biggest manufactured exports are garments and textiles. The industry suffered badly since the central bank began pegging the pound against the dollar after Egypt’s uprising in
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
2016-03-22 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
2016-01-29 15:00:00
PCGA opposes waiving off RD, tax on cotton import from India
Pakistan Cotton Ginners Association (PCGA) has strongly demanded that regulatory duty, sales tax and customs duty on the import of cotton from India should not be waived off and it must continue for
2016-01-25 18:00:00
Retail garment traders protest against hike in VAT and entry tax
Most retail garments shops in commercial hubs such as Khetan Market, Hathuwa Market, Patna Market and others were closed on Thursday and readymade garments stores also joined the protest on Friday
2015-09-29 16:00:00
Sales to Asian markets help Ciel Textile achieve 27pc rise in profit
Mauritian clothing manufacturer Ciel Textile has reported a 27% rise in full-year pretax profit to 827.20 million rupees ($23.31 million), thanks to its expansion in Asia which have helped rise sales
2015-03-16 18:00:00
Increase in import of branded shirts in pieces into Kerala to evade tax
Recently, the Vigilance and Anti-Corruption Bureau (VACB) probed why readymade shirts were shipped into Kerala in parts. There is a 10 percent duty on imported readymade wear, but no tax on cloth.
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