Related Keywords: All Pakistan Textile Mills Associationm Pakistan Apparel Forum, non-repayments of refund, Pakistan Bedwear Exporters Association, Pakistan govt to clerar refund, textile exporer reduce profitabiliy, Textile exporter, verge of collapse
Pakistan government is yet to clear refunds worth Rs50 billion for textile exporters under the duty drawback scheme, accumulating till October 2014. The delay in releasing the outstanding tax and duty drawback could further weaken the sector’s ability to export and also reduce their profitability.
Pakistan’s textile industry has been looking forward to a full refund of export tax rebates as early as possible.
