Home / Knowledge / News / Textiles / Textile exporters demand tax refund facility extension
Textile exporters demand tax refund facility extension
Jun '11
Textile exporters in Pakistan feel that there would be a drastic fall in exports, if the tax refund facility which is due to end this month, is not extended further and if the outstanding claims are not paid.

Wasim Latif, Chairman and Adil Manzoor Elahi, Vice-Chairman of Pakistan Textile Exporters Association (PTEA) said in a press meet that soaring production cost is the main problem that the textile exporters are facing in the current state of economic crisis. Ending of the duty drawback facility would negatively hit the exports, they added.

The Government had introduced the duty drawback scheme under its five-year textile policy for 2009-14, alongside other incentives. According to the textile manufacturers', the scheme reaped positive results and led to a considerable rise in exports of value-added textile goods over the past two years.

The textile producers assert that the Government had promised to sustain the facility throughout the textile policy period, but in the recent budget, it has withdrawn from its promise.

They said that in the face of severe competition in the global market, Pakistani textiles are trying hard to retain their position in the midst of financial crunch. The Textile Ministry had raised a demand for Rs. 40 billion and Rs. 42 billion towards refunds for the industry during 2009-10 and 2010-11 respectively, but the Government has sanctioned only Rs. 9.7 billion and Rs. 7.75 billion.

The PTEA stated that the textile sector exported more than US$ 10 billion worth of items during last fiscal year, and has a potential to perform much better if the conditions remain positive.

Fibre2fashion News Desk - India

Must ReadView All

Courtesy: Myntra

Apparel/Garments | On 3rd Dec 2016

Myntra to be EBITA positive by FY18: CEO Narayanan

Myntra is on track to achieve sustainable growth and be EBITA...

Courtesy: India ITME Society

Textiles | On 3rd Dec 2016

India ITME 2016 opens with over 1050 exhibitors

The India International Textile Machinery Exhibition (India ITME)...

Courtesy: Bruckner

Textiles | On 3rd Dec 2016

Indian textile companies opt for Brückner stenter lines

Indian textile firms Laxmipati Sarees, makers of polyester sarees and ...

Interviews View All

Sanjay Desai & Ashish Mulani
True Colors

Digital textile printing will be the technology of the future

Dinaz Madhukar
DLF Emporio and DLF Promenade

‘Each event and promotion is planned out keeping in mind the business of...

Jurgen Gauger

‘Buying crowdsourced or creative designs are much more appealing to the...

Kai Poehler
Voith Paper GmbH & Co. KG

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

Eamonn Tighe
Nature Works LLC

Eamonn Tighe, Fibres and Nonwovens - Business Development Manager of...

Marten Alkhagen
Swerea IVF AB

Marten Alkhagen, Senior Scientist - Nonwoven and Technical Textiles of...

Prathyusha Garimella
Prathyusha Garimella

Hyderabad-based designer Prathyusha Garimella is known for blending...

Igor Chapurin

"Now we can see the Russian trend in international fashion. And Russian...

Ritu Kumar
Label Ritu Kumar

‘Classics will return’ "There are a lot of people wearing western clothes ...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


Letter To Editor

(Max. 8000 char.)

Search Companies

December 2016

December 2016

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


Browse Our Archives


Advanced Search