Home / Knowledge / News / Textiles / 2% compensatory rebate denied to yarn exporters
2% compensatory rebate denied to yarn exporters
14
Apr '10
According to reports emanating from the textile industry in Pakistan, the federal ministry of textiles has refused to pay the 2 percent compensatory incentive to the spinners, which was promised to them in lieu of the cap placed on exports of cotton yarn.

According to Mr Akber Sheikh, Director of Amjad Textile Mills and Vice-Chairman of All Pakistan Textile Mills Association (APTMA), who spoke to fibre2fashion, said, “In the past, there was an indication that the same would be paid, but it has not been legislated yet.”

When asked, if the spinners expected to be compensated with the rebate he replied by saying, “There are obvious chances in future of implementation, but at present it is not an official stance of the federal textiles ministry.”

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

Manuj Terapanthi
Texaura

Transparent supply chain and fair trade will boost sustainable market

Top executives
Textile industry, India

The event should be organised every year

C Kamatchisundaram
Voltas

ITME is an occasion not only to receive new leads but also to work on...

Erik Sy

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

Sugandha Bhardwaj

<div>New Delhi-based Brinjal Designs Pvt Ltd manufactures home furnishing...

Tom Adeyoola

Describing itself as the best body shape and garment fit company in the...

Kai Poehler
Voith Paper GmbH & Co. KG

The glass mat industry is growing by five to eight per cent annually. Kai...

Eric Scholler
Groz-Beckert

The Indian market has huge potential in technical textiles, and by far,...

Johan Berlin
InvestKonsult Sweden AB

Investkonsult Sweden AB has been buying and selling second-hand textile...

Vaanee Bhatia
Gritstones Clothing

<div>Delhi-based Gritstones Clothing offers quality and exemplary style...

Sanjukta Dutta
Sanjukta's Studio

<b>Sanjukta Dutta</b> creates unique garments by clubbing prints of...

Wendell Rodricks
Wendell Rodricks

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

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