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PAKISTAN HOSIERY MANUFACTURERS & EXPORTERS ASSOCIATION

(SOUTHERN ZONE)

37-H, BLOCK-6 P.E.C.H.S., KARACHI-PAKISTAN

TEL: 0092-21-34522769, 34522685, 34544765 FAX: 0092-21-34543774

E-MAIL: info@phmaonline.com   URL www.phmaonline.com

REF. NO. PHMA/CIR-045/2011

DATED: 28^h MARCH, 2011

TO ALL MEMBERS OF THE ASSOCIATION

SUBJECT:         PAYMENT OF DRAWBACK OF LOCAL TAXES & LEVIES (DLTL).

Attached herewith please find copy of letter dated 18^th March 2011 of State Bank of Pakistan.

All member exporters who have submitted their Drawback Claims upto 31-01-2011 are eligible to receive payment on pro-rata basis at the rate of 14.68% on FIFO basis.  

Thanks & Best Regards,