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Government had promised to sustain the facility throughout the textile policy period, but in the recent budget, it has withdrawn from its promise.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: Christian Dior

Fashion | On 25th Apr 2017

LVMH to acquire Christian Dior Couture for €6.5bn

LVMH and Christian Dior, which holds directly and indirectly 41 per...

Information Technology | On 25th Apr 2017

Self-repairing fabrics to be the future of fashion

It is the era of smart. Intelligent materials like self-repairing...

Textiles | On 25th Apr 2017

Indonesia revitalising textile sector

With exports of textile and textile products rising in Indonesia, the ...

Interviews View All

Yash Agarwal
Hitansh Online

Every market region has its own culture and trends

Smita Murarka

‘There is huge demand in the Indian lingerie market for non-wired styles.’

Amit Jain
Shingora Textiles Ltd

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

Eric Scholler

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

Urs Stalder
Sanitized AG

Urs Stalder, CEO, Sanitized AG, talks about the increasing use of hygiene...

Johan Berlin
InvestKonsult Sweden AB

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

Rupa Sood and Sharan Apparao

Nayaab, an exhibition meant to celebrate Indian weaves, is in its second...

Prathyusha Garimella
Prathyusha Garimella

Hyderabad-based designer <b>Prathyusha Garimella</b> is known for blending ...

Silvia Venturini Fendi
Fendi s.r.l

"Yes, my confidence and positive attitude are my strengths and should be...

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

April 2017

April 2017

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


Browse Our Archives


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search