Pakistan’s leather exporters have welcomed the new tax relief on customs duties for imported manufacturing equipment and raw materials used by the industry.

However, they did not find any incentive for exporters in the budget announced by Finance minister Shaukat Aziz on Saturday. Chairman of the Pakistan Leather Garment Manufacturers and Exporters Association (PLGMEA), Fawad Ijaz Khan, also welcomed the lifting of the rawhide and skins sales tax, saying it would give leather garment exports a boost. At the same time, he welcomed the reduction in the sales tax that applies to the import of leather chemicals.

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