Related Keywords: Capta, Pakistan textile sector, Sales tax
The Council of All Pakistan Textile Associations (Capta) has urged the government to reduce the rate of sales tax to zero for the value-added textile sector to compete in global market as it is facing a number of problems during a meeting at PHMA House last week.
Capta has expressed concern over Afghan transit trade which remains to be the biggest hurdle along with under invoicing, third port imports of Indian fabric and smuggling from India into Pakistan.
