Related Keywords: FBR, Garments Exporters Association, Pakistan Readymade Garments Manufacturer, Pakistan textile sector, zero rating regime
Pakistan textile sector demanding restoration of the zero-rating regime, the decision to withdraw zero-rating has adversely affected exports at a time when huge amount of Sales Tax Refunds are already stuck up with the Federal Board of Revenue (FBR) and exporters are facing liquidity crunch.
The Pakistan Readymade Garments Manufacturers and Exporters Association (PRGMEA) Senior VC Jawwad Ahmad Chaudhry has advised the government and the FBR to announce export-friendly policies instead of creating difficulties for the industry.
