PAKISTAN HOSIERY MANUFACTURERS & EXPORTERS ASSOCIATION
37-H, BLOCK-6 P.E.C.H.S., KARACHI-PAKISTAN
TEL: 0092-21-34522769, 34522685, 34544765 FAX: 0092-21-34543774
Ref. No. PHMA/Cir-023/2015
Dated: 20th February, 2015
TO ALL MEMBERS OF THE ASSOCIATION
4% Drawback of Local Taxes and Levies Scheme
This is to inform all our valued members that Government had announced 4% Drawback of Local Taxes and Levies Scheme on FOB realized value of 10% incremental exports during 2013-14 as compared to 2012-13.
Kindly note that “Only Weighted Average Customer Exchange rate issued by Domestic Markets and Monetary Management Department of State Bank of Pakistan (SBP) on the date of realization will be used for all transactions. http://www.sbp.org.pk/ecodata/Rates/WAR/WAR-History.asp
PHMA counter are now set to receive applications for processing the DLTL claims.
The service charges for processing and authenticating the claim application at PHMA will be 1% of claim amount subject to minimum Rs 10,000/=.
Last date for the claim applications to reach State Bank of Pakistan is 31st March 2015 while the last date for receiving at PHMA Counter is 15th March, 2015.
Thanks & Best Regards,
Muhammad Babar Khan
[*] This is an electronic email and does not require any signature.