The Karachi Cotton Association (KCA) has opposed government’s proposal to impose grading fee on cotton trade, saying the trade is already paying various duties and taxes including cotton cess.
Though the KCA appreciated government’s move to strengthen cotton grading and standardisation system in the country which would help fetch higher price for the commodity and its made-ups in the international market, it expressed reservation over government’s proposal to impose grading fee at Rs5 per bale on cotton trade.
The association referring to various duties and taxes, including cotton cess at Rs50 per bale, which was raised from Rs20 to Rs50 per bale. The KCA has called for reconsidering imposition of grading fee.
Indorama Ventures has teamed up with Suntory, Iwatani, and others to introduce the first commercial-scale bio-PET bottle, made from certified…
Milliken & Company has introduced Milliken Assure, first flame-resistant moisture barrier for firefighter turnout gear that is free from PFAS…
Paradise Textiles has collaborated with Kintra Fibers, a leader in bio-based fibers, to produce the first garment made from Kintra’s…
Swisstulle adopted JigMaster for its dyeing and finishing operations, especially for high-quality technical textiles used in fashion and automotive industries.
Birla Cellulose, a leader under the Aditya Birla Group, has announced a long-term partnership with Circ, a U.S.-based textile recycling…
CARBIOS has collaborated with leading brands Patagonia, PUMA, Salomon etc. to create a groundbreaking polyester garment made entirely from textile…