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-057/2015
Dated: 01st July, 2015
TO ALL MEMBERS OF THE ASSOCIATION
FBR’s SRO 486(I)/2015 dated 30.06.2015 amends SRO 1125(I)/2011 dated 31.12.2011
We are attaching herewith SRO 486(I)/2015 dated 30.06.2015 amends SRO 1125(I)/2011 dated 31.12.2011.
In SRO 1125(I)/2011, concessionary rate of 2%, 3% and 5% were applicable to five export oriented sector, namely, textile leather, carpet, surgical and sports goods. The rate of 2% is being enhanced to 3%.
The said notification is also being revamped and simplified without disturbing the existing provisions in order to facilitate the registered persons as well as field officers. Value addition tax on commercial imports of these sectors @ 2% is being reduced to 1%.
Yunus Bin Aiyoob