cotton Archives | Page 2 of 2

Pakistan

APTMA demands government to immediately withdraw duty and taxes on import of cotton

The Biz Update5 years ago02 mins

Karachi, September 27, 2019: Dr. Amanulla Kassim Machiyara, Chairman (Elect) APTMA has urged the Government to immediately withdraw the Regulatory Duty @ 3 percent. Additional Custom Duty @ 2 percent and Sales Tax @ 5 percent levied on the import of raw cotton so as to enable the textile industry to meet its requirements and…

Business

Pakistan allows duty free import of cotton

The Biz Update6 years ago1 year ago01 mins

Islamabad, January 15, 2019: The federal government on Tuesday allowed duty free import of cotton to facilitate the export oriented textile sector. Sources told Thebizupdate.com that the Economic Coordination Committee (ECC) of the cabinet has approved withdrawal of customs duty, additional customs duty, sales tax on import of cotton for five months. They informed…