Home / Knowledge / News / Apparel/Garments / Rollback duty hike on used garments: Traders to Pak govt
Rollback duty hike on used garments: Traders to Pak govt
21
Jun '13
The Pakistan Second-Hand Clothing Merchants Association (PSCMA) has called on the Government to rollback the 16 percent hike in sales tax on import of second-hand garments.
 
In its recently released 2013-14 Budget, Pakistan Government has sharply raised the sales tax on import of used garments from 4 percent to 20 percent.
 
In a statement, General Secretary, PSCMA, Mohammed Usman Farooqui said that in view of the interests of the poor people, who are the main consumers of used clothing, earlier governments have always granted duty and tax relaxations on imports of such clothing, which are mainly imported from the US, Korea, Japan, Australia and Europe.
 
Condemning the ruling Government for duty hike and withdrawing the benefit of SRO 1125(I) 2011, he claimed that the move would badly hit the poor consumers, as increased taxes are likely to push up the prices of used clothing prices by around 40-50 percent, dawn.com reported.
 
Mr. Farooqui appealed the Finance Minister to roll back the recent sales tax hike to save the poor people from additional burden of price rise.
 

Fibre2fashion News Desk - India

Must ReadView All

Md Siddiqur Rahman, president, BGMEA, addressing a press conference with other dignitaries. Courtesy: BGMEA

Apparel/Garments | On 29th May 2017

BGMEA asks govt for 5% incentive for 2 years in Budget

The Bangladesh Garment Manufacturers and Exporters Association...

Textiles | On 29th May 2017

Special package creates 7,50,000 jobs in garment sector

The special garment package of Rs 6,000 crore that was introduced by...

Textiles | On 29th May 2017

Tintex, Bruckner bring new effects to knitted fabric

The textile company Tintex has joined hands with the system supplier...

Interviews View All

Md Hanifur Rahman
Aman Group

The level of understanding the job role and organisational requirements...

Rahuul Jashnani
Jashn

‘Online economy has changed the whole dynamics of buying habits.’

Karan Suratwala
Key Textile Accessories Private Limited

Chinese imports are destroying the supply chain

Eric Scholler
Groz-Beckert

The Indian market has huge potential in technical textiles, and by far,...

Mark Paterson
Technical Absorbents Ltd

Mark Paterson, R&D manager of Technical Absorbents Ltd talks about Super...

Paolo Ocleppo
Sandvik Hyperion

Paolo Ocleppo, Rotary Cutting Segment manager, Sandvik Hyperion discusses...

Sanjukta Dutta
Sanjukta's Studio

<b>Sanjukta Dutta</b> creates unique garments by clubbing prints of...

Judy Frater
Somaiya Kala Vidya

Among the many honours showered on Frater, including Fulbright and Ford...

Prathyusha Garimella
Prathyusha Garimella

Hyderabad-based designer <b>Prathyusha Garimella</b> is known for blending ...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

news category


Related Categories:
May 2017

May 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

SUBSCRIBE


Browse Our Archives

GO


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search