Related Keywords: abolish Export Development Surcharge, allow stitching units to import raw material, at the time of realisation and payment of export proceeds, Customs rebate claims, deducted from export proceeds, EDF, Pakistan government, PHMA, settled and paid through SBP, under DTRE scheme, urged by Pakistan Hosiery Manufacturers and Exporters Association
The Pakistan government has been urged by the Pakistan Hosiery Manufacturers and Exporters Association (PHMA) to abolish 0.25 percent Export Development Surcharge which is deducted from export proceeds.
Pakistan Apparel Forum Chairman Jawed Bilwani speaking during a meeting of the National Assembly Standing Committee on Textile Industry, chaired by Member National Assembly (MNA) Haji Muhammad Akram Ansari at the PHMA House, said that they believe the surcharge on exports must be abolished as this will help exporters to use cash liquidity for enhancing the exports.
