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
E-MAIL: info@phmaonline.com URL www.phmaonline.com
Ref. No. PHMA/Cir-079/2015
Dated: 06th October, 2015
TO ALL MEMBERS OF THE ASSOCIATION
Duty Drawback on Hosiery Garments and Woven Garments exports raised
The Federal Board of Revenue (FBR) has raised Duty drawback Rates on export of Hosiery Garments and Woven Garments.
Pakistan Hosiery Manufacturers & Exporters Association - PHMA, about four years ago made tireless efforts and prepared a revised working paper for duty drawback on export of Hosiery Garments and Woven Garments - White Blended polyester/cotton Garments; Dyed Blended polyester/cotton Garments; White 100% cotton Garments and Dyed 100% cotton Garments.
Revised proposals of PHMA were finally accepted by the FBR and a Customs notification in this regard was issued on October 6, 2015.
The existing and revised duty drawback rates on export of Garments with %age increase are as under:
|
PARTICULAR: |
EXISTING |
REVISED |
%AGE INCREASE |
|
White Blended polyester/cotton Garments: |
0.35% of fob value |
0.82% of fob value |
134% of fob value |
|
Dyed Blended polyester/cotton Garments: |
0.67% of fob value |
1.21% of fob value |
81% of fob value |
|
White 100% cotton Garments: |
0.43% of fob value |
0.81% of fob value |
88% of fob value |
|
Dyed 100% cotton Garments: |
0.90% of fob value |
1.14% of fob value |
27% of fob value |
The new rates will be applied from today 6th October, 2015 on the above exported products.
Best regards,
|
Muhammad Jawed Bilwani |
Saleem Parekh |
|
Chief Coordinator |
Central Chairman |
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