In a bid to aid the local textile industry facing fierce competition from low-cost imports, the Zimbabwean Government has approved a one-year rebate on import of a wide range of materials that domestic garment producers widely use as raw materials.
In a bid to aid the local textile industry facing fierce competition from low-cost imports, the Zimbabwean Government has approved a one-year rebate #
Under the rebate, which would apply retrospectively from January 1, 2013 and would end on December 31, 2013, a certain amount of money would be reimbursed in the form of reduction, refund or return on the actual amount paid or contributed.
In a bid to aid the local textile industry facing fierce competition from low-cost imports, the Zimbabwean Government has approved a one-year rebate #
To qualify for the rebate the applicant should necessarily be registered with the national employment council and should be a member of a clothing manufacturers association, the Ministry of Finance said.
In a bid to aid the local textile industry facing fierce competition from low-cost imports, the Zimbabwean Government has approved a one-year rebate #
Materials that qualify for rebate include cotton sewing thread, plain weave weighing over 100 gm per sq m, denim, sewing thread of man-made staple fibres, woven fabrics of polyester staple fibres, tulles, chenille fabrics, cotton sewing thread incorporating 85 percent or more of cotton in its weight and other net fabrics.
In a bid to aid the local textile industry facing fierce competition from low-cost imports, the Zimbabwean Government has approved a one-year rebate #
Shoulder pads, snap fasteners, press fasteners and press-studs are some other materials that would also be eligible for the rebate.
In a bid to aid the local textile industry facing fierce competition from low-cost imports, the Zimbabwean Government has approved a one-year rebate #
On receiving an application seeking rebate, an official would carry out an investigation of the applicant’s premises and machinery and present a report of his findings for the Commissioner’s consideration, the Ministry said.
In a bid to aid the local textile industry facing fierce competition from low-cost imports, the Zimbabwean Government has approved a one-year rebate #
Fibre2fashion News Desk - India