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withdrawal+export+incentives
2014-01-06 11:00:00
PTEA demands immediate release of exporters' refund claims
Pakistan textile exports in quantity and value terms have been unsuccessful in gaining momentum and have remained below the desired level. Moreover, huge amounts for its exporters stuck in refund
2014-01-03 14:15:00
Export incentives for cotton and its yarn has been done away
The Finance Ministry has done away with certain export promotion incentives on cotton, cotton yarn exports. The apparent surge in export value of these products in recent years has prompted the
2017-11-29 10:00:00
Govt introduces financial assistance schemes for powerlooms weavers
The government has introduced Pradhan Mantri Credit Scheme for powerloom weavers , under this scheme it will provide financial assistance of up to 90 percent. The government will provide margin
2016-04-21 13:00:00
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 as per the VAT law 1991. But the new VAT law allows only public
2016-01-02 15:00:00
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 five percent on cotton yarn. Further, fabric is exempted from VAT here. With the high VAT rate on
2015-06-12 11:00:00
PYMA rejects budgetary increase in sales tax on yarn and cloth
Textile sector is considered back bone of Pakistan economy contributing more than 50 percent of foreign exchange for the country and providing 40 percent employment is already heavily burdened and
2015-05-05 12:00:00
Constrained growth exhibited by India in the apparel and textile sector
India misses the clothing cut in consequence of inadequate incentives, excessive emphasis on cotton fibre and handlooms by the government, flip-flop in raw material policy, faulty duty structure in
2014-08-26 16:30:00
Indian ought to tap opportunities related to cotton woven and knitted fabric in technical textiles
Technical Textile sector is one of the most innovative branch of the industry in the world, ranking as one the five high tech sectors with the greatest potential for development. In India also
2014-03-18 12:45:00
Spinners, garment manufacturers strongly discord over duty on yarn imports
The Pakistan spinners and garments manufacturers both having strong line of reasoning to support their positions over the duty on yarn imports the ministry is left to find a solution somewhere in the
2014-02-06 11:15:00
India urges EU to waive import duty on its textiles
Textile import policies have made Indian textiles unfavorable for European customers. The government has told several European countries in recent discussions that their "skewed" due to import duty
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