News

PLGMEA urges retrospective implementation of duty drawback

18/10/2004

The Pakistan Leather Garments Manufacturers and Exporters Association (PLGMEA) has urged Pakistan’s government to allow retrospective implementation of duty drawback on leather garment exports.

 

The Central Board of Revenue - the government body that oversees such matters - slashed the rates of duty drawback on leather goods exports in 2002. However, as the industry fell into crisis in 2002-2003 and as exports fell, rates of duty drawback were increased in October 2002, to protect the industry.

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