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Indo Rama Q3 results report loss of Rs 19.21 cr
Indo Rama Synthetics, India’s largest dedicated polyester manufacturer, announced its unaudited financial results for the quarter and nine months ended December 31, 2017.
Pak’s GST relief for machinery import
Pakistan’s Federal Board of Revenue (FBR) has exempted sales tax on the import of machinery (not manufactured locally) by textile units registered with the Ministry of Textile Industry from January 16, 2017 till June 30, 2018. In this connection, the FBR has amended SRO 1125(1)2011 through an SRO 36(1)/2017 issued recently.
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