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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
2016-04-16 14:00:00
Pakistan Customs proposes imposing regulatory duty on importable goods
The Pakistan Customs Appraisement South, in its budget proposals for 2016/17 proposed that regulatory duty be enhanced on a number of importable goods as various statutory rates of import duty,
2016-04-08 12:00:00
APTMA urge withdrawal of GIDC from entire textile chain
All Pakistan Textile Mills Association (APTMA) has urged the government to completely remove the Gas Infrastructure Development Cess (GIDC) from the entire textile chain to enable it to regain its
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
2015-11-04 15:10:00
Pakistan govt mull over reducing regulatory duty on cotton yarn import
Pakistan government likely to consider reduction in regulatory duty on the import of cotton yarn to benefit the garment sector as the cotton yarn, fabric commercial and value addition sector
2015-10-08 17:15:00
DBK rates raised on export of hosiery and woven garments
Pakistan Hosiery Manufacturers and Exporters Association (PHMA) had submitted revised proposals on duty drawback rates on export of hosiery garments and woven garment to the Federal Board of Revenue
2015-10-02 11:00:00
TCP’s sixth cotton tender scraped on nil participation
Trading Corporation of Pakistan (TCP) once again at its sixth cotton tender announced to offload cotton stock procured from the domestic market to facilitate the farmers did not fetch a single bid.
2015-08-20 17:00:00
Pakistan cotton trade to take a hit with China seeking to release its stocks
China is the world’s leading consumer of cotton, with an annual consumption of some 34 million bales as per USDA estimates seeks to release its government stocks, rather than rely on imports.
2015-08-20 14:00:00
Pakistan hosiery manufacturers against the idea of imposing import duty on yarn
The Federal Board of Revenue (FBR) is considering to regulatory duty on import of cotton yarn as a move to protect spinning sector against this Pakistan Hosiery Manufacturers and Exporters
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