Press Release
Government’s lack of priority and attention to increase cotton yield to support the entire value added textile chain is highly shocking and deplorable. Pakistan is an agriculture country but no…
Pakistan Customs, Shipping & Business News Resource
Government’s lack of priority and attention to increase cotton yield to support the entire value added textile chain is highly shocking and deplorable. Pakistan is an agriculture country but no…
Mr. Ahmed Chinoy urged Sindh Government to reopen all the Textile and its allied Industries. Pakistan is the 8th largest exporter of textile commodities in Asia. Textile sector contributes 8.5%…
KARACHI: Exporters have lost nearly 70 percent of the export orders due to lockdown, and in order to complete the remaining, industry need government support instead of harassment and arrest…
KARACHI: An appellate bench of High Court of Sindh (SHC) comprising Justice Aqeel Ahmed Abbasi and Justice Mahmood A Khan on Tuesday stopped Sindh Revenue Board from Coercive recovery. The…
KARACHI: Country’s overall textile exports clocked in at $1.17 billion in November 2019, up 7.03 percent as against exports of $1.09 billion in the same month last year as all…
KARACHI: The Federal Board of Revenue (FBR) released around Rs5.5 billion of sales tax refunds to textile exporters under the automated payment system, Chairman FBR Syed Shabbar Zaidi said on…
LONDON: Versarien Plc, the advanced materials engineering group, has signed a Commercial Partnership Agreement with textile sector collaboration partner, MAS Innovation (Private) Limited. Twinery – Innovations by MAS is part…
KARACHI: Disappointed with the government’s promise of issuing sales tax refunds within 72 hours, the All Pakistan Textile Mills Association (APTMA) has demanded to restore the zero-rated regime and reinforce…
KARACHI: Despite over 30 percent rupee devaluation, country’s overall textile sector exports declined 1.42 percent to $13.329 billion in the fiscal year ended June 30, 2019, as higher cost of…
KARACHI: Pakistan’s textile exports displayed yet another stagnant performance during April 2019, registering a 1% YoY decline to close the month at US$1.14bn, compared to US$1.15bn in the same month…
LAHORE: The 2nd edition of TEXPO Pakistan 2019 concluded on 14th of April, 2019 at the Lahore Expo Centre. TEXPO is a flagship sector-specific trade event of TDAP. In 2nd…
ISLAMABAD: Textile Division has envisaged a project to promote value addition in the textile sector and strengthen small and medium entrepreneurs. The project titled “1,000 Industrial Stitching Units” also aims to…
ISLAMABAD:The Economic Coordination Committee (ECC) Committee has approved supplementary grant of Rs1.0 billion for Federal Board of Revenue (FBR) to boost its revenue collection capacity.[the_ad id=”31605″]The Economic Coordination Committee (ECC)…
KARACHI: Pakistan’s overall exports are unlikely to achieve the target of $27 billion, as the perennial issues plaguing the sector remain largely unaddressed, where lack of availability of system gas…
KARACHI: Federal Board of Revenue (FBR) has started receiving live transactions of sales of finished articles of textile and leather and the eligible persons integrating or having already integrated their…
KARACHI: The Customs Appellate Tribunal has set aside the order-in-revision No.35 passed by Directorate General of Customs Valuation and ordered to modify the Valuation Ruling No.1301/2018 adding the transaction value…
KARACHI: Federal Board of Revenue (FBR) has amended SRO 1125(I)/2011 and notified six percent sales tax and two percent value addition tax on import of finished goods of textile and…