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Pakistan Hosiery Manufacturers and Exporters Association (PHMA) had submitted revised proposals on duty drawback rates on export of hosiery garments and woven garment to the Federal Board of Revenue (FBR) which has been finally accepted.
The Federal Board of Revenue (FBR) has raised duty drawback rates on export of hosiery garments and woven garments. The rates are worked out by the Input-Output Co-efficient Organisation (IOCO) of the Customs.
