Page 9 - April-May-2017

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Textile associations demand News

immediate payment of sales tax

refunds and drawbacks to exporters

Leading associations of textile industry have refunds against RPOs already issued.
demanded steps from the federal government
for revival of textile industry. The leadership The joint communiqué said there should be
from All Pakistan Textile Mills Association one energy price across the country in order to
(APTMA), Pakistan Textile Exporters Association remove disparity in energy price for industry. In
(PTEA), All Pakistan Textile Processing Mills this respect, it is proposed that the five
Association (APTPMA), Pakistan Hosiery exporting sectors being zero rated by the FBR
Manufacturers Association (PHMA), Pakistan should be also zero rated from surcharges of
Readymade Garments Manufacturers & Rs. 3.63 including TR, FC & NJ surcharge to
Exporters Association (PRGMEA) and Towel bring the tariff in line with the regional
Manufacturers Association (TMA) held a joint competitors. Electricity tariff should not be
press conference at the APTMA more than Rs.7/kWh and the RLNG should be
Punjab office. merged with the system gas to arrive at
weighted average cost of gas (WACOG) in
The industry associations demanded payment order to provide uniform pricing to the industry.
of refunds, duty drawbacks against exports The rate should not be more than
and competitive energy price, enabling textile Rs.600/MMBTU inclusive of GIDC which is
industry to perform. closer to the rate of international competitors,
it added.
The joint communique demanded
reimbursement of duty drawback amount Speaking on the occasion, Chairman APTMA
under the Prime Minister’s “Export led Growth Aamir Fayyaz urged the Prime Minister and
package” announced on Jan 10, 2017, should Finance Minister to immediately pay sales tax
be immediately made to the claimants and all refunds and drawbacks to the exporters.
future payments be timely made to the
manufacturers cum exporters on realization of Leadership from other associations stressed
export proceeds. It also sought withdrawal of the federal government to give priority to the
FBR instructions to roll back RPOs, enabling exporting industry in order to reduce trade
immediate payment of outstanding sales tax imbalance and create jobs and export surplus.