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PHMA seeks detail procedure for applying DDT

Related Keywords: applying drawback of duty and taxes, DDT claims, Pakistan Hosiery Manufacturers Association, PHMA, revised PM’s export package, seeking detailed procedure, value-added textile exporters

The Pakistan Hosiery Manufacturers Association (PHMA) seeking detailed procedure for applying drawback of duty and taxes (DDT) claims under the revised PM’s export package, as the process of application for DDT has not yet been formulated.

ECC had approved the revised package for exporters in early October and the textile ministry had notified this immediately. But even after a lapse of almost one and half month, no detailed circular was issued by the central bank regarding procedure of drawbacks, PHMA Chairman Khurram Anwar Khawaja said.

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