PTA criticises reduced rebates
04/01/2008
Chairman of the Pakistan Tanners Association (PTA) S.M. Naseem has strongly opposed the government’s decision to cut rebate rates on leather with effect from January 1, which have seen rebates on finished goat and sheepskins reduced from 1.24% to 0.80%, raw cow and buffalo hides cut from 1.64% to 1.17%, finished cow and buffalo hides and side leather reduced from 2.90% to 2.04%.