PAKISTAN HOSIERY MANUFACTURERS & EXPORTERS ASSOCIATION

PHMA House, 37-H, Block-6, P.E.C.H.S, Karachi.

Tel: 0092-21-34522769, 34522685, 34544765

Fax: 0092-21-34543774, E-mail: info@phmaonline.com





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PAKISTAN HOSIERY MANUFACTURERS & EXPORTERS ASSOCIATION

PHMA House, 37-H, Block-6, P.E.C.H.S, Karachi. Tel: 0092-21-34522769, 34522685, 34544765

Fax: 0092-21-34543774, E-mail: info@phmaonline.com 

 

Ref. No. PHMA/Cir-065/2017
Dated: 23rd October, 2017

 

To: All Members of the Association (Southern Zone)

 

Duty Drawback of Taxes Order 2017-18

PM EXPORT PACKAGE

 

 

We are attaching herewith Duty Drawback of Taxes Order 2017-18 of Ministry of Textile vide Notification No. 1(42-A)TID/17-TR-II dated 20th October 2017 relating to Prime Minister Export Package for Exporters on export of Textile items.

 

1.    Now exporters of knitwear garments and woven can file claims @ 3.5% i.e. 50% of prescribed rate of FOB value for shipments made from 1.7.2017 to 30.6.2018 without condition of increment as per previous procedure. For other textile items also claim will be 50% of the prescribed rates.

 

2.    On achieving 10% growth in exports during 2017-18 over the last year, the exporters will claim incentive @3.5% or at the rate to be determined under clause 1(4)(c) of the SRO.

 

3.    Additional 2% drawback is allowed on exports to NON-TRADITIONAL markets as listed in S.R.O.

 

4.   Claim applications procedure will be circulated after issuance of circular by State Bank of Pakistan.

 

Thanks & regards,

 

 

Khadim Rasool

Secretary General

 

Enclosed: as above. 




DDT notification for web.pdf


PAKISTAN HOSIERY MANUFACTURERS & EXPORTERS ASSOCIATION (PHMA)
Central Office: PHMA House, 37-H, Block-6, P.E.C.H.S., Karachi-74500, Pakistan
+92-21-34544765    +92-21-34544764 / 34545683    +92-21-34543774    +92-309-3337462
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