Pakistan Knitwear & Sweater Exporters Association
1014-16, Park Avenue, PECHS Block 6,
Shahrah-e-Faisal, Karachi-75350
Tel: 34544035-37 SG: 34544039, email:
Circular to members # 63/2016-17
January 13, 2017
RD, customs duty to be abolished on import of 20-25 items
The Federal Board of Revenue (FBR) will abolish regulatory duty (RD) and customs duty on import of 20-25 items including cotton and man-made fiber falling under different Pakistan Customs Tariff (PCT) headings. Sources said that only abolition of customs duty on the import of cotton and man-made fiber would not serve the purpose under the PM package for exporters. To bring all rates of duty/RD at zero percent, the FBR will also abolish RD on the import of different kinds of man-made fiber wherever applicable. Thus, the FBR may issue separate SROs for withdrawal of duty and RD on the import of these items.
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Invitation to Pakistani textile businessmen to visit Bosnia
During the visit of Prime Minister Mian Nawaz Sharif to Bosnia last month, the Chairman of the Council of Ministers (Prime Minister) of Bosnia, Dr. Denis Zvizdic has invited Pakistani textile businessmen to visit Bosnia in order to explore Bosnian market, develop B@B linkages, explore possibilities of joint ventures, setting up manufacturing facilities and to and from exchange of delegation.
Ministry of Textile Industry has therefore invited suitable nominations on priority basis before 17th January 2017. Interested members may approach the Association secretariat latest by 16th for onward transmission of their particulars to Ministry.
Customs related Budget proposals 2017-18
The preparation and exercise for budget 2017-18 are on the anvil. The Federal Board of Revenue (FBR) has sought proposals from Ministry of Textile Industry in the area of Customs. 3 different formats are received by the Association secretariat for completion by interested members and returned to Ministry by the Association secretariat latest by 24th January 2017.
Members having proposals can obtain the said formats from the Association secretariat on request. While formulating the proposals, the existing law and rules be consulted and each proposal should be supported with facts, figures and statistical data if available.
GTex Int’l B2B Textile Machinery Brand Expo
The above expo is being organized at Karachi Expo Centre from 20th to 22nd January 2017. The organizers – Global Enterprise have provided the Association secretariat with VIP invitation cards and badges for our members; which can be had on request.
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M. Siddique
Secretary General
021-34544039