News

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...

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