Home / Knowledge / News / Textiles / Pak textile exports bag drawback on raw material imports
Pak textile exports bag drawback on raw material imports
28
Aug '14
The Pakistan textile exporting industry has received a bonanza from the government in the form of a duty drawback on customs duty paid on import of raw materials used in manufacture of textile products meant for export.

Through a circular, subject to certain conditions, the Federal Board of Revenue (FBR) notified that it has permitted repayment of customs duty paid on imported raw materials used in the manufacture of textile export goods.

The imported raw materials cover a range of inputs including enzyme, Sodium Persulphate, Hydrogen Peroxide, Peroxide Stabilizer, Mercerizing Assistant, Sequestering Agent, Wetting Agent/Detergent, Acetic Acid/Neutralizing Agent, Provatex CP – a fire retardant chemical, Resin-Lyofix CHN, Turpex-Can strength improver softener, etc.

The repayment of duty would be available on the export of 100% cotton or blended polyester/ cotton/Trevira (all blends) dyed THPC fire or flame retardant woven fabric; 100% cotton dyed THPC fire or flame retardant (Provatex ACS special) woven garments; blended cotton/ polyester/Trevira (all blends) dyed THPC fire or flame retardant (Provatex ACS special) woven garments and many other textile products.

One of the conditions says that the said goods should have been produced as per the formula furnished to FBR, showing the quantity of various imported raw materials specified and used in the production or manufacture of the goods specified and manufacturer maintains proper record of the goods.

Other conditions include that the goods are exported out of Pakistan and an application for repayment of customs-duties is presented within 210 ten days of export or of the publication of this notification or within 180 days from the date of realization of foreign exchange.

Click here to read and view the circular from the Federal Board of Revenue.
 

Fibre2fashion News Desk - India


Must ReadView All

Indian govt relaxes cabotage rule for cotton transport

Textiles | On 25th May 2018

Indian govt relaxes cabotage rule for cotton transport

The Government of India has relaxed cabotage rules for transportation ...

Courtesy: Teejay Lanka

Textiles | On 25th May 2018

Teejay Lanka doubles production capacity at Indian mill

Teejay Lanka, one of Sri Lanka’s largest textile manufacturers, has...

Courtesy: Messe Frankfurt/Yarn Expo Autumn edition

Textiles | On 25th May 2018

Yarn Expo Autumn 2018 scheduled earlier

Over 500 exhibitors are expected at the Yarn Expo Autumn 2018, being...

Interviews View All

Darshan Mehta
Infinium Polychem

We are spending double digit figures on R&D

Mandeep Nagi
Shades of India

Women value something that is unique and has a flavour of India

Amit Jain
Shingora Textiles Ltd

‘In terms of fabric, the fastest growing category for us is a blend of...

Harsh Shah

Established in 1956 with a small beginning, Embee today manufactures a...

Erik Sy

Manila-based CustomThread is a start-up offering premium custom apparel...

Abhishek Pachauri

Reckon Industries adapts latest systems for manufacturing from designing...

Mohammad Hassan
Biax Fiberfilm

About one in every 20 patients picks up an infection while hospitalised....

Kevin Nelson
TissueGen

Kevin Nelson, Chief Scientific Officer, TissueGen discusses the growing...

Silke Brand-Kirsch
Schlegel und Partner

Silke Brand-Kirsch, executive partner of Schlegel und Partner, a leading...

Wendell Rodricks
Wendell Rodricks

"We should not compare India and the West. There are things we do that...

Akta Adani
India Boulevard

India Boulevard is a San Francisco-based curated fashion marketplace that...

Sidharth Sinha
Sidharth Sinha

<b>Sidharth Sinha</b> has contributed to the successful rebirth and...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

Leave your Comments


May 2018

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

news category


Related Categories:

Advanced Search