KARACHI: Chief Collector Customs (Enforcement) South Manzoor Hussain Memon has said that Pakistan Customs accords high priority to the value added textile sector having major share in both textile and national exports.
Chief Collector Customs (Enforcement) South Manzoor Hussain Memon visited PHMA House accompanied by his team, comprising of Collector Dr Saifuddin Junejo and Collector Muhammad Saqif Saeed.
During the meeting with the office-bearers of the PHMA House, Chief Collector (Enforcement) South Manzoor Hussain Memon said that customs rebate to exporters has been paid as of May 2017.
“We are assuring that the payment cycle should not break and shall continue. Rebate shall also be paid in the month of June. Previously, the backlog was span over eighteen months which has been curtailed to eleven months.”
The Chief Collector (Enforcement) said that the eleven months backlog is due to financial constraints and will be further reduced.
“Efforts are underway to remove the current eleven months backlog. We endeavor to pay Customs rebate within one month subject to availability of funds. Claims having objections shall be paid after removal of discrepancies,” he added.
The Chief Collector stated that he accords high priority to the value added textile sector having major share in both textile and national exports. He was of the view that the exporters were reciprocating to the nation while exporting products “Made in Pakistan” which is the great service to the nation.
Economic indicators, current state of affairs of economy, trade deficit as well as export volume was not much satisfactory. It is dire need to enhance exports to improve the situation. In this connection recommendations and inputs has been given to the decision makers in Federal Board of Revenue (FBR).
