Five sectors’ bodies to meet PM to resist plan of zero-rating facility removal

Lahore:     The five export-oriented manufacturers’ bodies, mainly based in
Sialkot, have urged the government to continue the sales tax zero-rating
regime in the budget 2019-20, fearing the Pakistan export might drop
further to $21 billion from existing $23.7 billion.

The five zero-rated exporters’ bodies of value-added textiles, leather,
carpets, surgical instruments and sports goods, in an emergency called
meeting, hosted by the Pakistan Readymade Garments Manufacturers and
Exporters Association with its Chief Coordinator in the chair Ijaz Khokhar,
have shown great apprehensions on the consideration of withdrawal of
zero-rated regime by the finance ministry, saying it would have adverse
effect on PM Policy to generate 10,000,000 employment in the country.

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