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Pakistan govt working out plans to make exports truly zero rated

Related Keywords: APTMA, business advisory council, delayed refunds, double exportsbusiness advisory council, facillitate exporting sectors, lack of global orders, make exports zero rated, market access, Pakistan commerce ministry, policy flaws, Textile exporters, through incentives, viable long term policy

Commerce Minister Khurram Dastagir after his separate meetings with the All Pakistan Textile Mills Association (Aptma and carpet exporters on Monday said that the government after two years of consolidation was now in a position to facilitate the exporting sectors through incentives, market access and a viable long-term policy.

Textile and clothing included in the zero rating proposal by Pak commerce ministry

Related Keywords: carpet, Export development fund, GSP plus, includes textile and clothing, International Road Trans-ports Convention, major exportable products, no refund, no tax, Pakistan commerce ministry, proposes zero rating

The Pakistan commerce ministry has proposed zero-rating for major exportable products which includes textile and clothing in the next budget. The proposal of zero-rating would mean no tax, no refund. The other major exportable items are carpets, sports, surgical and leather goods.

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