Mr Fawad Ijaz Khan, Chairman Pakistan Leather Garments Manufacturers and Exporters Association (PLGMEA) has attacked the government’s latest action in reducing the Duty Drawback rates that apply to exports. The rates have been reduced in line with the reduction seen in the Custom Duties in the Federal Budget 2004-2005. Mr. Fawad said it was previously the practice of CBR to involve the relevant trade associations whenever it planned to revise Duty Drawback rates. And where any reduction was made, a minimum period of three months notice was given. 

Share this story: