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central+value+added+tax
2016-02-16 17:30:00
Cotton output shortage to affect textile exports of Pakistan
Pakistan cotton crop for the year 2015/16 due to its sharp reduction in output, textile manufacturers are anticipate serious affects on export activities for which they demand for an immediate tax
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
2015-07-13 12:00:00
Textile mills hit by slow down in market for yarn and prices remaining low
Textile mills in the southern region for the last six months are hit due to the market slowing down for yarn and prices remaining low, compared to the production cost. Further, textile units in the
2015-07-01 18:00:00
Xinjiang- hub of textile investment
An 110,000-spindle plant backed by investment of 350 million yuan ($57 million) kicked off construction in Hutubi county. It is the third plant Henan Xinye Textile Co Ltd will have established in
2015-04-26 13:00:00
APTMA to formulate task force to achieve double-digit growth of textile industry
The central body of APTMA expressing concern over the steep fall in textile and clothing exports of 16 percent in the month of March due to depreciating Euro has constituted a task force to
2015-03-17 10:00:00
Material production big challenge for Vietnamese business to access benefits from TPP
The material source for Vietnam garment and textile industry is mainly imported. According to Vietnam Textile and Apparel Association (Vitas) around 60-70 percent of material is imported and 80
2015-02-19 14:05:00
Turkish business to direct large investments in Balkan states in 2015
Turkish business community, united around the Confederation of business women and businessmen in Turkish industry has vowed substantial investments in textiles, energy, tourism, food industry in
2015-01-04 11:00:00
Pakistan apparel sector along can generate $500m through exports if provided gas
The Pakistan government has allocated about 100 MMCFD gas to the entire export-oriented industry but now the spinners are being facilitated only. The Pakistan Readymade Garments Manufacturers and
2014-12-04 12:25:00
Madura Lifestyle plan to set up greenfield garment manufacturing plant in Odisha
Madura Fashion & Lifestyle, an Aditya Birla Group enterprise, largest player in premium branded apparel segment has plan to set up a Greenfield garment manufacturing unit in Odisha for which it has
2014-11-02 18:00:00
Pakistan Textile Ministry takes step to meet the international standards for cotton
The Minister for Textile Industry (MoTI), Pakistan has taken step to meet the international standards for cotton as well as to higher Pakistan textile exports to other countries. The MoTI has
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