Exports Of Pakistan Shoes Increased By 17.7% In The New Quarter.

July 2014 to September is the first quarter of Pakistan's new fiscal year (2014-2015). The export performance of the non textile industry was not satisfactory, and the export of sports products increased by 0.6% over the same period last year. The increase in football exports was 15.5%.

Tanning exports were negative growth year-on-year, down 4.82%, leather goods exports fell 3.93%, of which leather clothing exports grew 5.23% year-on-year; Leatherwear Gloves export fell 1.28%. The export of leather shoes increased by 26%, and the overall export of shoes products increased by 17.7%. It became the only industry in Pakistan that the non textile industry showed an astonishing growth in the first quarter. The growth of leather and footwear exports to a large extent has benefited from the GSP plus policy in the EU market.

Previously, the Pakistan government announced that the new fiscal year will provide cash subsidies for the 9 value-added non textile industries, including leather processing, Shoes products And sports products. But in the past 3 months, Pakistan's cash subsidies have not yet been released. The Minister of industry and trade believes that if subsidies are issued, the cost of products will be further reduced and exports will be promoted.

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Recently, the federal tax administration of Mexico has worked with financial intelligence agencies, private enterprises and procuratorial organs to discover an international network of textile smuggling involving 31 importers, 53 foreign suppliers, 22 customs agents and 113 camouflaged companies. 70% of imported textiles and 49% of clothing products were imported by 18 non inspection enterprises. The main ports of entry were: samantho, Lhasa Luo, Juarez, Vera Cruz, MaxicoCity Airport and new alalo.

Mexico's economist and financial financiers have recently synthesized news. Recently, the federal tax administration of Mexico and financial intelligence agencies, private enterprises and procuratorial organs found a network of textile smuggling, involving 219 main bodies. Anti money laundering and fiscal and financial reforms provide a basis for combating illegal trade.

According to the relevant officials of the State Administration of Taxation, since July 2013, the relevant departments of the Mexican government have conducted a one year survey to identify the channels of crime involving 31 importers, 53 foreign suppliers, 22 customs agents and 113 camouflaged companies.

The 53 foreign suppliers are mainly in China, Hongkong, Singapore, Panama, Vilgin, Korea and a small number in the United States. Importers declare customs at the time of customs declaration, which is less than the market price. 22 customs agents participate in the declaration process. After these goods are imported, they are sold at real prices in the market and their profits are remitted abroad. There are three main destinations: manufacturers in Asia, accounts of Mexico importers in the US and Panama, organized crime group accounts.

According to the official of the State Administration of Taxation, 70% of imported textiles and 49% of the clothing products were imported by 18 non inspection enterprises. The main import ports include: samantho, Lhasa Luo, Juarez, Vera Cruz, MaxicoCity Airport and new alalo.

The 31 importers declare that the price is 216 million pesos, which is only 1/7 of the normal price, resulting in 1 billion 500 million loss of customs revenue.

Be Pedja Lai, the Minister of finance, said that in the next few weeks, similar protection measures in footwear industry would be announced, customs restrictions and customs duties should be abolished.

In 2010, the General Administration of Taxation of Mexico had taken similar measures to combat tax evasion. 22 investigations were carried out, involving a total of 14 billion 600 million pesos.