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PRGMEA rejects sales tax regime under SRO 154.

The Pakistan Readymade Garments Manufacturers & Exporters Association (PRGMEA) rejected sales tax regime for export-oriented industries under SRO 154. PRGMEA Central Chairman Sajid Saleem Minhas asked the Lahore Chamber of Commerce & Industry (LCCI) and Federation of Chambers of Commerce & Industry's regional office to stand up for the cause of industry.

Sajid Saleem Minhas, Central Chairman, PRGMEA.

He said that majority of the woven and knitted garment industry comprises of SME's, which are located in Punjab and Lahore is the hub of this trade. He appealed to the LCCI leadership to call the meeting of all zero rated sector trade bodies in Lahore to understand the core issues involved in their stand against SRO 154.

He said that the whole industry of Lahore is united against this SRO 154 and has unanimously declared that 2% tax is unacceptable. Further, the zero rated regime sectors in Sialkot and Faisalabad have started their drive against this SRO and are being firmly supported by their respective Chambers.

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Title Annotation:Pakistan Readymade Garments Manufacturers & Exporters Association
Publication:Pakistan Textile Journal
Article Type:Brief article
Geographic Code:9PAKI
Date:May 31, 2013
Words:162
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