Local garment factories are attempting to export their own branded garments, according to the Myanmar Garment Entrepreneurs Association. Currently, local garment factories export their products with the Cut-Make-Pack (CMP) system. “We are unable to export our products with the Free-On-Board (FOB) system. Currently, we are trying to get tax exemption for the FOB system. “We […]
Effort to get tax exemption to export garment
June 2, 2017 by Thiha
Filed Under: Latest News Tagged With: China, cotton, Cut-Make-Pack (CMP), factory, FOB, garment, Generalized Scheme of Preferences (GSP), government, Ministry of Commerce, Ministry of Planning and Finance, Myanmar Garment Entrepreneurs Association, nylon, product, South Korea, Tax, the chairman of the Myanmar Garment Entrepreneurs Association, U Myint Soe, us