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Quanba Textile Association invites zero tariff import of textile machinery

September 06, 2021
Pakistan Knitwear Manufacturers Association and Convenor, Chief Coordinator Javed, President of the Pakistan Textile Association Committee (CAPTA). Baowani said: "We demand that the 17% sales tax on the import of textile machinery, equipment and accessories be completely eliminated."

Mr. Baovani reacted strongly to the Pakistan government’s 17% sales tax on imported textile machinery, accessories and equipment.

In a recent notice, the Pakistani government restricted sales tax measures with zero tax rates to five export sectors: textiles, leather, medical care, sports and carpets, and restricted to registered manufacturing-exporters or exporters.

Baowani believes that imported machinery should have a zero tax rate, so that the cost of doing business can be reduced.

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