News

Impact Of 12 Percent VAT Increase On Textile Industry And Consumers

The increase in Value Added Tax VAT from 11 percent to 12 percent which will be enforced starting January 1 2025 has raised concerns among textile producers The General Chairperson of the Indonesian Filament Fiber...

The Planned 12% VAT Increase Adds Pressure On The Textile Industry

The textile industry is poised to face additional challenges with the implementation of a 12 Value Added Tax VAT starting January 1 2025 The Chairman of the Indonesian Fiber and Filament Yarn Producers Association APSyFI Redma...