Mr. Fawad Ijaz Khan, Chairman, Pakistan Leather Garments Manufacturers & Exporters Association (PLGMEA) has sent a list of proposals to the government for inclusion in the upcoming budget and the country’s trade policy for 2002-03.

Key recommendations are the imposition of a 20% duty on the export of semi-finished & finished leather, the rationalisation of duty drawback rates for leather garments and the restoration of imports of accessories for garments destined for export markets.

Other proposals include:

• The abolition of income tax charged at 0.75% on the export of leather garments

• The immediate removal of the Export Development Surcharge (EDS)

• Reduced refinance rates on the export of leather garments

• The abolition on import duties on plant and machinery used in the manufacture of leather and leather garments

• The exemption of raw hides, skins, semi-finished & finished leather from sales tax

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