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2015-01-15 14:00:00
Pakistan textile industry seek full refund of export tax rebates asap
Pakistan government is yet to clear refunds worth Rs50 billion for textile exporters under the duty drawback scheme, accumulating till October 2014. The delay in releasing the outstanding tax and
2015-01-13 17:00:00
Govt’s decision to impose entry tax on yarn puts industry in a dire straits
The Punjab government has apparently decided to impose Non-Vatable Entry Tax on yarn being brought in from other states, including Uttar Pradesh, Himachal Pradesh and New Delhi. As there were
2015-01-03 14:00:00
PTA between Turkey and Iran to lower customs taxes imposed on 265 products
The Preferential Trade Agreement (PTA) concluded between Turkey and Iran came into force on Jan.1, the customs taxes imposed on 265 products will be lowered by a great degree with some of the customs
2015-01-03 14:00:00
PTA between Turkey and Iran to lower customs taxes imposed on 265 products
The Preferential Trade Agreement (PTA) concluded between Turkey and Iran came into force on Jan.1, the customs taxes imposed on 265 products will be lowered by a great degree with some of the customs
2014-12-15 10:00:00
Russian nonwovens and technical textiles faces biggest decline in demand
The Russian nonwovens and technical textiles industries volume of production during the period January-October has declined by about 15 percent compared to the same period last year, due to the
2014-10-31 11:00:00
Textile worth N300bn imported annually without paying taxes into Nigeria
Textile and garments worth N300 billion being annually imported into Nigeria without paying duties or taxes. This was revealed by Issa Aremu, the General-Secretary of the National Union of Textile,
2014-09-23 10:00:00
Textile buying agents 80pc generates of export business urge relief from service tax
The Association of Buying Agents for Textiles has submitted a memorandum to the Union Finance Ministry seeking relief from service tax levied on them in the recent Budget. The textile buying agents
2014-09-12 16:00:00
Noida textile machinery business witnessing downward trend with low order booking
The textile machine manufacturing players who earlier witnessed order booking in double digit on a daily basis, in last few quarters have seen it go down to weekly and fortnightly. Along with
2014-08-05 13:40:00
Ameliorating textile industry helps Angolan economy to ramify
A positive step has been launched in favour of the economy of Angola. The ameliorating textile industry of Angola can help to broaden the horizons of the Angolan economy. Diversification of the
2014-07-12 14:50:00
Textile sector hails exemption of service tax on cotton transport
Indian Cotton Federation hails over the announcement made in the budget, exempting of service tax on loading, unloading, packing, storage or warehousing, transport by vessel, rail or road (GTA), of
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