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-011/2014

Dated: 13^th February, 2014

TO ALL MEMBERS OF THE ASSOCIATION

THE ASSOCIATION IS MAKING VIGOROUS EFFORTS TO CONVINCE THE GOVERNMENT FOR IMPLEMENTATION OF THE ZERO RATED REGIME- " NO PAYMENT NO REFUND" SYSTEM.

PHMA IS PREPARING A MOST PRAGMATIC PRESENTATION TO BE MADE TO THE GOVERNMENT WHERE AMONG THE HIGHLIGHTS ARE TOTAL AMOUNT OF LONG  OUTSTANDING SALES TAX REFUND CLAIMS INCLUDING THOSE BEFORE THE PERIOD 2005 AND THOSE CASES WHERE  R. P. O. ISSUED BUT SALES TAX NOT REFUNDED.

IN VIEW OF THE URGENCY OF THIS CRUCIAL MATTER AND THE FACT THAT OUR PRESENTATION IS TO BE MADE EARLY NEXT WEEK BY MONDAY, 18TH. Or TUESDAY, 19TH. FEBRUARY, 2014 AT A MEETING WITH THE MINISTRY OF FINANCE,  OUR VALUED MEMBERS ARE REQUESTED TO SUBMIT TO THE ASSOCIATION STATEMENT OF ALL THEIR OUTSTANDING SALES TAX REFUND CLAIMS:

?  BEFORE THE PERIOD 2005

?  AFTER THE PERIOD 2005 UP TO DATE. 

AND

?  CASES WHERE R. P. O. ISSUED BUT SALES TAX CLAIMS NOT REFUNDED.

THIS MATTER IS TO BE TREATED ON TOP PRIORITY AND YOUR STATEMENT OF ALL OUTSTANDING CLAIMS AS EXPLAINED ABOVE AS PER BELOW GIVEN FORMAT MUST BE RECEIVED BY PHMA NOT LATER THAN SATURDAY, 15TH. FEBRUARY, 2014 POSITIVELY.

F O R M A T (ENCLOSED)

THANKS & BEST REGARDS