Home / Knowledge / News / Textiles / Duty drawback hike for Pak textile & apparel exports
Duty drawback hike for Pak textile & apparel exports
23
Nov '16
Vide a new notification, the Pakistan ministry of textiles has allowed producers cum exporters of textiles and apparel to avail 1-4 per cent drawback of local taxes and levies (DLTL). The drawback will be available on yearly basis, on FOB values for enhanced exports of shipments made during 2015-16, if it has increased 10 per cent over last fiscal's exports.

“1 per cent drawback would be made available on product lines of processed fabrics, 2 per cent on products in made-ups category and 4 per cent in products of apparel category, subject to eligibility in all product lines,” the notification said.

All companies who want to avail the drawback have to be registered with the ministry of textiles and will provide any information related to its operations as and when required by the ministry.

The textile associations will be accountable for certifying the genuineness of the information provided by the exporters, who will also exercise due meticulousness to ensure authenticity of the documents. (AR)

Fibre2Fashion News Desk – India


Must ReadView All

Pic: Shutterstock

Retail | On 31st Oct 2020

Consumer brands should REBOOT businesses: FICCI-Deloitte

Consumer brands should 'REBOOT' their businesses in view of the...

Pic: Dyecoo

Textiles | On 31st Oct 2020

Dyecoo & DuPont launch sustainable dyeing process

DuPont Biomaterials and DyeCoo, specialising in the development of...

Pic: Shutterstock

Apparel/Garments | On 31st Oct 2020

Lululemon 4th in Top 40 Most Valuable Canadian Brands list

Vancouver-headquartered athletic apparel brand Lululemon Athletica...

Interviews View All

Top executives, Textile industry

Top executives
Textile industry

Knowledge sharing platform needed for sustainable water management

Headhonchos, Textiles & allied industry

Headhonchos
Textiles & allied industry

Textiles industry is always in the forefront in accepting latest technology

Top executives, Textile industry

Top executives
Textile industry

Technical textiles industry moving back to Europe

Emanuel Fertuzinhos,

Emanuel Fertuzinhos

Founded in 1981, Lisama, a Portuguese company, is a pioneer in the textile ...

Vikas Banduke,

Vikas Banduke

Softech Controls Private Limited (SCPL) is a part of the Cotmac Group, an...

C Dhandayuthapani,

C Dhandayuthapani

MAG Solvics Private Limited was established in 1991 to design and develop...

Giorgio Mantovani, Corman S.p.A

Giorgio Mantovani
Corman S.p.A

Giorgio Mantovani, MD of Corman, with a presence in both Milano and New...

Asif Rahman, MIP

Asif Rahman
MIP

MIP is a manufacturer and distributor of high-performance textiles and...

Sven Ghyselinck, Devan Chemical

Sven Ghyselinck
Devan Chemical

Headquartered in Belgium and with offices in the United Kingdom, Portugal...

Cigdem Akin, Cigdem Akin

Cigdem Akin
Cigdem Akin

She has carved a niche for herself as the national brand of Turkey. Her...

Prathyusha Garimella, Prathyusha Garimella

Prathyusha Garimella
Prathyusha Garimella

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

Sanjukta Dutta, Sanjukta's Studio

Sanjukta Dutta
Sanjukta's Studio

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

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


October 2020

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


Advanced Search