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Export charge should be abolished, says PLGMEA

06/11/2013

Pakistan Leather Garments, Manufacturers & Exporters Association (PLGMEA) has urged the government to abolish the export development surcharge (EDS) from export proceeds. Fawad Ijaz Khan, head of the PLGMEA, said in a statement that it was levied on exports as per the EDF Act 1998 and 0.25% is being deducted by banks from export proceeds and...

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