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Textile industry in Pakistan urges for zero import duty on polyester fibre

Related Keywords: All Pakistan Textile Mills Association, import duty on PSF, import duty on viscose, Manmade fibre in Pakistan, textile import duty in Pakistan

The All Pakistan Textile Mills Association has urged the government to bring the import duty on polyester staple fibre down to zero. According to a press release, association’s acting chairman Wisal Monnoo stated that imports of all kind of specialty fibres including acrylic should be allowed at zero per cent import duty helping the industry to widen its product base.

Currently, 6 per cent customs duty and import incidental together with local PSF manufacturers’ margin make PSF available at around 20 per cent price differential.

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