APTMA sought 5pc rebate on export of textile products

All Pakistan Textile Mills Association (APTMA) in light of low cotton production has put forth the demands before the government to wave off customs duty on cotton imports and has also demanded a five percent rebate on export of textile products.

Currently the importers are paying three percent customs duty on cotton.

The textile mills association Chairman Tariq Saud said that at least 110 factories are shut at the time.

According to textile mills association, as many as 40 mills could open on immediate basis if the government imposes ten percent duty on import of artificial yarn and clothes.

By imposing ten percent duty on import of artificial yarn and clothes it would help in increasing government’s finances.

Recent Posts

Kathmandu unveils carbon capture technology activewear

Kathmandu has launched Seeker range, an innovative and sustainable activewear collection that merges eco-friendly advancements with functional design.

5 mins ago

GOTS joins Make the Label Count for textile sustainability

The Global Organic Textile Standard (GOTS), managed by the non-profit organization Global Standard, has joined the Make the Label Count…

11 mins ago

Pact Group, BlockTexx to boost garment recycling

Packaging company Pact Group has partnered with textile recycling technology firm BlockTexx to develop a system for recycling discarded clothing…

20 mins ago

Loftex promotes sustainability with innovative towel collection

Loftex USA is strengthening sustainability with the launch of eco-friendly towel sets, blending innovative performance features with luxurious designs.

1 day ago

Toray Industries produces sustainable acrylic fiber

Toray Industries, Inc. announced that starting this April, it will implement the mass balance approach in manufacturing its TORAYLON™ acrylic…

1 day ago

Cxffeeblack, COMOCO Cotton develop sustainable t-shirt

Cxffeeblack has joined forces with COMOCO Cotton, a sustainable textile company, to create a special coffee-dyed T-shirt made from unbleached…

1 day ago