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Trade Authority slashes Certificate of Origin fees
10
Jan '11
After a number of meetings of the textile and apparel exporters with the Trade Development Authority of Pakistan (TDAP) on the issue of hike in the charges of GSP Form "A" from Rs 25 to Rs 1,000, the decision has been taken ultimately that the new fee for the issuance of the Certificate of Origin (CoO) will be Rs 100.

According to the textile and clothing export sector, this is undoubtedly a positive measure that has been taken by the TDAP which will be highly applauded by the exporters. This matter has been taken up time and again with the pertinent authorities.

The authorities were apprised about the situation and were also told that the textile sector is not in a position to accept such a high rise in the fees owing to the challenges that it is currently confronting.

The TDAP also played a significant role in this issue and was quite supportive. It took an urgent decision to assist the export sector particularly the small-sized exporting units.

Fibre2fashion News Desk - India


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