PAKISTAN HOSIERY MANUFACTURERS & EXPORTERS ASSOCIATION

(CENTRAL OFFICE)

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-085/2011

DATED: 2^nd June 2011

TO ALL MEMBERS OF THE ASSOCIATION

SUBJECT:             CLAIMS OF DRAWBACK OF LOCAL TAXES AND LEVIES.

We are attaching herewith copy of SBP letter Ref. No. FEOD(RDS)/12543/DLTL-2011 dated 26^th May, 2011 on the subject which is self explanatory.

You will find from the above referred letter that all banks have been advised that all cases compliant to requirements are resubmitted to SBP at the soonest in view of the fact that the Financial Year is near close and the budget for the scheme will lapse on 30-06-2011, if not fully utilized.

In view of the above all our member exporters are advised to pursue with their banks for submission of their cases at the soonest well in time.

Best Regards,