Jul '10
According to him, the Federal Government was prejudiced as it left aside the readymade garment manufacturers, bedwear and cloth manufacturers, who draw 10 times the foreign exchange then that drawn by those exporting raw material.
Propositions did exist for further extending the regulatory duty for one month, but authoritative and dominant All Pakistan Textile Mills Association (APTMA) managed to capsize this proposition, and got duty-free yarn export rule sanctioned, said Shah. He also added that, though there were similar proposals presented by the made-up industry, government's Committee did not entertain the same.
Shah further said that, government had assured that, it will further carry on with the 15 percent regulatory duty for three months, to safeguard the power looms, bed-wear, towel and the ready-made garment sectors.
However, the duty, which was levied on May 12, was waived just in two-and-half months on July 26. Shah informed that, the duty was levied mainly for the value-added textile industry, who complained of dearth of yarn in the country.
Fibre2Fashion News Desk - India
Must ReadView All
Apparel/Garments | On 23rd Apr 2018
Transparency helps in swiftly alerting brands
Disclosing key supplier, supply chain and operational information...
Apparel/Garments | On 23rd Apr 2018
Japan’s clothing imports up 4% in fiscal 2017
Japan’s imports of clothing and accessories increased by 4 per cent...
Fashion | On 23rd Apr 2018
Top global fashion brands now more transparent
Fashion Revolution’s Fashion Transparency Index 2018 reveals Adidas...
Interviews View All
DK Sharma
Velocity Apparelz
We constantly communicate with employees at all levels
Sachin Sharma
Gem Enviro Management Pvt Ltd
There are no significant differences between virgin yarn and PET recycled...
Headhonchos
Indian textile value chain
'One nation, one tax' is a great concept
Textile Events is one of the largest textile fair in the United Kingdom,...
Jupiter Comtex Pvt Ltd, established in 1973, started its textile machinery ...
Softech Controls Private Limited (SCPL) is a part of the Cotmac Group, an...
Silke Brand-Kirsch
Schlegel und Partner
Silke Brand-Kirsch, executive partner of Schlegel und Partner, a leading...
Steve Cole
Xerium Technologies
Steve Cole of Xerium Technologies discusses the industry. Xerium is the...
Larry L Kinn
Suominen Corporation
Larry L Kinn, Senior Vice President - Operations Americas of Suominen...
Igor Chapurin
Chapurin
"Now we can see the Russian trend in international fashion. And Russian...
Akta Adani
India Boulevard
India Boulevard is a San Francisco-based curated fashion marketplace that...
Robert Brunner
Devereux
Golfwear and menswear brand Devereux is set for greener pastures. Robert...
Leave your Comments
Recommended
Want to know what happened in the textile world this week? Watch now!
news category
Related Categories:
Do you think the sustainability space has the needed tools and resources available for a business to lead change?
Yes No SkipActive Poll
Do you see sustainability as a route to business growth?
YesTotal Votes: 103
Do you think adopting a sustainable approach will be a profitable move for your business?
Yes No SkipActive Poll
Do you think the sustainability space has the needed tools and resources available for a business to lead change?
YesTotal Votes: 103
Do you want the world to know about your sustainability journey and your business’ environmental footprint?
Yes No SkipActive Poll
Do you think adopting a sustainable approach will be a profitable move for your business?
YesTotal Votes: 103
Thanks for your valuable feedback. Claim your free latest sustainability e-book.
Active Poll
Do you want the world to know about your sustainability journey and your business’ environmental footprint?
YesTotal Votes: 103
E-News Insight
Latest News Update in Your Mail Box.
