Related Keywords: customs rebate, drawback on local taxes and levies, export oriented sectors, FBR, government to grant zero rating status, huge liquidity outstanding, PAF, Pakistan textile industry, RPOs, sales tax refund, value added garment sector
The Pakistan textile industry has been facing troubles due to huge liquidity outstanding in sales tax refund, customs rebate and drawback on local taxes and levies claims. In the wake of this downslide the value-added garment sector expect the Government to grant zero-rating status to five export-oriented sectors to boost the country’s exports.
