New VAT regime could hurt leather
08/01/2009
Fawad Ijaz Khan, chairman of the Pakistan Leather Garment Manufacturers & Exporters Association (PLGMEA), has asked the country's government not to withdraw a zero-rating for sales tax, a concession granted to five exporting industries, including leather.He said the government is currently working on a new value-added tax (VAT) system. Pakistan...