Governor of Brazilian state of Rio Grande do Sul, Tarso Genro has signed a decree providing for the reduction of value-added tax (VAT) or tax on circulation of goods and services (ICMS tax) from 17 percent to 12 percent on raw materials for ...
Tags: Tax on Textiles, value-added tax
Eastern African countries including, Kenya and Tanzania, are focusing on cotton sector for the economic revival of the region and they have introduced several policies and incentives to improve cotton production in the region. Speaking to ...
Tags: Cotton, Economic Revival
The Customs Tariff Commission of China has decided to levy antidumping duties on the toluidine originating in the EU for five years from June 28, 2013. Relevant matters are hereby announced: 1. As of June 28, 2013, as regards the ...
Tags: Antidumping, EU Toluidine
Eurostop, a leading supplier to the fashion, footwear and lifestyle sectors has partnered with Tax Free Worldwide to provide fully integrated processing of tax free transactions for eligible customers. Using the retailer's existing POS ...
Tags: Textile
Microsoft's Surface Pro tablet will go on sale in Europe in the second quarter priced somewhere around $1,170, while a local telco is now reselling the latest editions of its Office 365 hosted productivity suite, the company announced ahead ...
Microsoft’s Surface Pro tablet will go on sale in Europe in the second quarter, and it will be priced somewhere around €899, the firm announced ahead of the CeBit trade show on Monday. Microsoft Germany’s CEO, Christian ...
Tags: Microsoft, Surface Pro, Q4
Buying interest stayed muted at south China's trading hubs for imported thermal coal Tuesday, and CFR delivered prices were rangebound at $86/mt and remain capped by competitively priced domestic thermal coal, traders said. The ...
Tags: south China, thermal coal, imports
Textile traders in the South Indian state of Andhra Pradesh will observe a one day strike on February 27 to protest against the state government’s decision to bring textiles under Sensitive Commodities list, the Andhra Pradesh ...
Tags: Textile traders, VAT, textiles
Textile weavers in Madhya Pradesh have pinned hope on state Budget 2013-14, which would be presented by the Finance Minister this week. Speaking to fibre2fashion, secretary of Madhya Pradesh Textile Mills Association (MPTMA), Mr. MC Rawat ...
India’s Gem & Jewellery (G&J) sector witnessed another volatile year with weaker rupee and sluggish global economy adding more agony to its exports which declined by 17.09% in dollar terms and 4.65 per cent in rupee terms in 2012. ...
Asian isomer-grade mixed xylene spot prices have slumped around 8% since reaching record highs of $1,427.50/mt FOB Korea and $1,446.50/mt CFR Taiwan on January 7, Platts data showed. On Wednesday, the mixed xylene was assessed at ...
Tags: mixed xylene spot, mixed xylene market, mixed xylene spot price
The government of southern Indian state of Tamil Nadu is planning to soon launch new schemes and facilities for the benefit of Micro, Small and Medium Enterprises (MSMEs), including textile MSMEs, in the state. Speaking at the ...
Tags: textile MSMEs, textile, MSMEs, Medium Enterprises
Vale said that it decided to adhere to the new legislation on the value added tax on services and circulation of goods recently enacted by the Brazilian state of Minas Gerais Law 20.540 and Decree 46.110. Therefore, the existing legal ...
China is looking to allocate a value-added tax (VAT) permit to all rare earth companies in a desperate effort to curb resource plundering, dangerous artisanal mining and widespread pollution, as well as collecting revenue. By forcing rare ...
Tags: Asia, China, Rare Earth, Metallurgy
This month China will start forcing rare earth producers out of business if they don’t qualify for new value-added tax permits being allocated. It’s China’s latest bid to curb resource plundering, dangerous artisanal ...
Tags: Rare earth mining, Rare earth, mining, artisanal mining