>>
Home / Knowledge / News / Textiles / FBR assures Pakistan textile exporters of speedy refunds

FBR assures Pakistan textile exporters of speedy refunds

15
May '12
Federal Board of Revenue (FBR) Chairman Mumtaz Haider Rizvi has assured textile exporters of Pakistan regarding removal of hurdles and speeding up payments of customs rebates and sales tax refunds, Pakistan Textile Exporters Association (PTEA) Chairman, Rana Arif Tauseef, said.

Mr. Rana said a delegation led by him convened a meeting with the FBR chief to apprise him regarding the problems with the refund system.

PTEA representatives also voiced the difficulties faced by exporters as their huge sums get blocked under different refund regimes, which causes liquidity crisis.

The FBR Chairman was informed that millions of rupees of textile exporters are blocked under duty drawback and federal excise duty refund regimes.

The delegation also noted that severe liquidity crisis faced by several textile producers and exporters has resulted in closure of many industrial units.

Mr. Rana said, he advised Mr. Rizvi to subject textile exports to a flat one percent withholding tax, instead of different slabs of 1 percent to 3.5 percent.

PTEA also urged the FBR Chairman to consider granting several duty exemptions. This includes call for exemption of five percent sales tax on purchases made by sizing, hosiery, embroidery, weaving and home textile sectors from unregistered persons, as these are only conversion sectors.

The FBR Chairman was also called on to exempt the value-added textile chain from CNIC and NTN registration under SRO 191.

Fibre2fashion News Desk - India


Must ReadView All

Pic: Shutterstock

Textiles | On 28th May 2022

US economy, manufacturing expected to expand in 2022: ISM

The US economy will continue to expand for the rest of this year, the ...

Pic: 123rf.com

Apparel/Garments | On 28th May 2022

Sri Lanka’s garment exports up 11.6% at $1.36 bn in Jan-Mar 2022

Garment exports from Sri Lanka stood at $1360.6 million in...

Pic: The Nordic Swan Ecolabel

Textiles | On 28th May 2022

Nordic Swan Ecolabel launches new requirements for clothes, textiles

The Nordic Swan Ecolabel, the official ecolabel of the Nordic...

Interviews View All

Textile Industry, Head honchos

Textile Industry
Head honchos

Global supply chain collapsed during the pandemic

Textile Industry, Head honchos

Textile Industry
Head honchos

Liquidity is a primary issue in Indian context

Textile Industry, Head honchos

Textile Industry
Head honchos

Led by MMF, Indian apparel exports likely to double in next 3 years

Ilan Palacci,

Ilan Palacci

France-based Ever Dye develops an innovative dyeing process combined with...

Leanne Elliot – Young,

Leanne Elliot – Young

Forging the future of digital discourse, the Institute of Digital Fashion...

Akram Tariq Khan,

Akram Tariq Khan

E-commerce brand YourLibaas meaning "garment or attire" in Udru, was...

Serkan Gogus, Mogul Nonwovens

Serkan Gogus
Mogul Nonwovens

Mogul is a global player ranked among the top 40 nonwoven producers in the ...

Silverio Baranzano, Fitesa

Silverio Baranzano
Fitesa

Fitesa is a leader in the nonwoven fabrics industry, specialising in...

Dr Anup Rakshit, ITTA

Dr Anup Rakshit
ITTA

The Indian Technical Textile Association (ITTA) is the only association of ...

Sarah & Sandeep Gonsalves, Label - Sarah & Sandeep

Sarah & Sandeep Gonsalves
Label - Sarah & Sandeep

Sarah & Sandeep is a luxury designer label synonymous with a...

Abhishek Agarwal, Purple Style Labs

Abhishek Agarwal
Purple Style Labs

Late Indian fashion designer Wendell Rodricks, is known for his...

Kamal Khushlani, Mufti

Kamal Khushlani
Mufti

Based out of Mumbai, Mufti is a men’s clothing fashion brand. In an...

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

ESTEEMED CLIENTS

Permoda(Koaj/Armi/Pronto/Bkul)
China World International Exhibition Company Limited
Thermore (Far East) Ltd.
Gloria Jeans
SUZHOU TUE HI-TECH NONWOVEN MACHINERY CO.,LTD
Tchibo GmbH
Eurofins BLC Leather Technology Centre Ltd
Centric Software
IKEA of Sweden AB
CSGIA(China Screen Printing & Graphic Imaging Association)
Karl Mayer Textilmaschinenfabrik GmbH
Chico’ FAS
Newtech Textile Technology Development (Shanghai) Company Limited
Tory Burch Hong Kong Ltd
Gatsby Africa
Cat Tuong Real Estate Group Joint Stock Company
EMBEE CORPORATION
X-Rite Asia Pacific Limited (HK)
TEXVALLEY MARKET LIMITED
Kornit Digital Asia Pacific Ltd
Kern – Liebers Textile
Thai Acrylic Fibre Company Limited
Loris Bellini S.r.l.
Applied DNA Sciences Inc
KAS Direct Sourcing
UBM China (Shanghai)
Walmart
Rosset ;& Cia Limited
Target Corporation (MN)
Chori Company Limited
NV Michel Van de Wiele
Babyshop
Landmark Group
Datacolor AG Europe
The Top Form Brassiere Manufacturing Company Limited
Reiter India Private Limited
Huntsman (Singapore) Pte Ltd
Meera Dyestuff Industries
Deckers Outdoor (Guangzhou) Consultant Co., LTD.
USTER
Flainox S.r.l.
IIGM Private Limited
Inter Expo Center Ltd.
Savio Macchine Tessili S.P.A.
Vianney Textil Hogar S.A. De C.V.
Copenhagen Fashion Summit
Etam Group Strategy Hong Kong Limited
Restoque S.A.
Color Service s.r.l.
Lenzing Aktiengesellschaft
Comasia Limited
Equinox Impex India
Zydex Industries
TÜYAP IHTISAS FUARLARI A.S.
Infor (Hong Kong) Limited
Aleph Srl
Brückner Trockentechnik GmbH & Co. KG
The LYCRA Company Singapore  Pte. Ltd
MAS Active / MAS Kreeda / MAS Bodyline
BIMBA ;& LOLA SL
International Sourcing Expo Australia
Jiangsu Yingyang Nonwoven Machinery Company Limited
N9 World Technologies Private Limited
Jindal Worldwide Limited
C;&A Sourcing International Ltd
Seasalt Limited
Guess Europe Sagl,
Lisa S.P.A.
Mayer & Cie. GmbH & Co. KG
G.A.S. unternehmenskommunikation gmbh
DyStar India Pvt. Ltd
Truetzschler India Private Limited
Pt. Peraga Nusantara Jaya Sakti
Stahl Holdings B.V.,
KIABI
JES MEDIA, INC
Splash
SYNERGIES HONG KONG LIMITED
Italian Trade Commission
PVH Corporation
Lifestyle
ITMA Services Pte Ltd
Marzoli Machines Textile s.r.l.
OVS Hong Kong Sourcing Ltd.
J ;& P Coats
BIRLA CENTURY A DIVISION OF CENTURY TEXTILES AND INDUSTRIES
GERBER TECHNOLOGY LTD.
Desigual - ABASIC, S.A.
Gokaldas Exports Limited
Lectra Technologies India Pvt Ltd.
Saurer Textile Solutions Pvt. Ltd.
Tuyap Tum Fuarcilik Yapim A.S.
Dow Silicones Corporation
HYOSUNG CORPORATION INDIA PRIVATE LIMITED
The LYCRA Company Singapore  Pte. Ltd
Shima Seiki Mfg. Ltd.
Alix Partners
Nihalani Events Management
Hela Clothing Pvt Ltd
Midas Clothing Limited
Nandan Denim Limited
Zünd Systemtechnik AG
Lenzing Aktiengesellschaft - India
Hirdaramani International Export Private Limited
TESCO INTERNATIONAL SOURCING LIMITED
Phong Phu international JSC (PPJ)
Sportswear Company Spa
BRINKMANN GMBH
Palexpo SA
GHCL LIMITED
Recron Polyester from Reliance Industries Limited
Grasim Industries Limited
G-Star Raw C.V.
Sateri (Jiujiang) Fiber Co.,Ltd
Groz-Beckert KG
Sportmaster Ltd.
VNU Exhibitions Asia
Messe Duesseldorf
Alison Hayes Romania
Asos
Mesdan SPA
Lottmann Communications
Page Industries Limited (Bangalore)
Recron Polyester from Reliance Industries Limited
CGS Inc.
H. Stoll AG & Company KG
COTTON COUNCIL INTERNATIONAL
K AND D ITMACH EXPOSITIONS LLP
GIOVANNI BOZZETTO S.p.A.
Lululemon Athletica Inc
Colours India Inc
Xtema - Thomas Lebherz Textilmaschinen
EPCH
SHAHI Exports Pvt Ltd
Taiwan Textile Federation (TTF)
TESTEX AG, Swiss Textile Testing Institute
IDH – The Sustainable Trade Initiative
Aquarelle Clothing Limited
H;&M Hennes ;& Mauritz (Far East) Ltd
Boardriders Asia Sourcing Limited
Rieter India Private Limited
Amazon China
IFF Media Ag - International Media Services
DuPont de Nemours, Inc.,
Performance Days
Haelixa AG
BTSR International S.P.A.
Telangana State Industrial Infrastructure Corporation Limited (TSllC Ltd)
Tradewind International Servicing
International Textile Manufacturers Federation
Brandix Lanka Limited
FESPA (Reigate)
Calvin Klein
Tommy Hilfiger
Green Fibre
Messe Frankfurt Exhibition GmbH
Thai Trade Center
BTC Textiles LLC
Eastman Chemical Company
Aramark Uniform ;& Career Apparel, LLC
APLF Limited
EUROVET ASIA LTD
Lacoste (Wanchai)
Groz-Beckert East Asia LLP
Coats Digital Limited
Helly Hansen Far East Ltd
Bluestem Global Sourcing Limited
Datatex Consulting Srl
Indo Tex
Arvind Limited
Benetton Group
Sainsbury's Argos Asia Limited
Shanghai  Aige Exhibition Service Co., Ltd
Abit
NITI Aayog
Istanbul Fuarcilik A.S.
Decathlon
Indofil Industries Limited - Specialty & Performance Chemicals Division
Esprit Europe Services GmbH
LC Waikiki
Gap International Sourcing Limited
Under Armour Global Sourcing Ltd
ZAITEX spa
Officina Meccanica Dora Enrico Srl
Weitmann & Konrad GmbH & Co. KG
Vardhman Textile Ltd
Maceton Limited
John Varvatos
Puma
Bluesign Technologies Ag
Rayonese Textile Inc., Division de Culp Inc.
Woolmark Services India Pvt. Ltd.
THE BOMBAY DYEING ;& MFG.CO. LTD
BIANCA
FULGAR SpA
T.T. Limited
Varner AS Retail
Itema Weaving (India) Private Limited

May 2022

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


Advanced Search