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-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:
The new rates will be applied from today 6th October, 2015 on the above exported products.