Global Trade Alert
Global Trade Alert

Pakistan: Textile package announced to increase exports

Announcement

11 Jan 2017

The Pakistan's Economic Coordination Committee approved the Prime Minister's Package of Incentives for Exporters for increasing the country's textile exports. The package includes reduction in import duties of raw materials, sales tax duty exemption on textile machinery imports and duty drawback for exporters.

Source

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Number of interventions

3

1 certainly harmful

0 likely harmful

2 liberalising

List of interventions

Implementation date

16 Jan 2017

Revocation date:

30 Jun 2017

Announced: 11 Jan 2017
Tax-based export incentive
To incentivise exports, a duty drawback order for the textile sector has been announced for taxes collected from garments, home textiles, processed fabric, greige fabric, and yarn manufacturing cum-ex...
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Implementation date

16 Jan 2017

Revocation date:

30 Jun 2018

Announced: 11 Jan 2017
Internal taxation of imports
Imports of machinery, that are not manufactured locally, by textile industrial units will be exempt from local state taxes.
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Implementation date

16 Jan 2017

Revocation date:

No revocation date

Announced: 11 Jan 2017
Import tariff In force
The customs duty on imports of the following goods has been withdrawn: cotton, not carded or combed cotton, carded or combed synthetic staple fibers (not combed, carded or otherwise processed for spi...
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