SIALKOT: Pakistan Hosiery Manufacturers and Exporters Association (PHMA) Central Chairman Dr Khurram A Khawaja on Sunday demanded the government to abolish all duties and taxes imposed on polyester yarn.
Talking to the media, he said that to enable sportswear manufacturers and exporters to compete with the international market and to earn valuable foreign exchange, all duties and taxes should be abolished.
He said that Sialkot sportswear industry was based 99 per cent on polyester made garments and the government had recently imposed a five per cent regulatory duty on imports of polyester yarn.
He said that locals were manufacturing only Draw Texturised Yarn (DTY) which was texturised (semi-dull) and they did not manufacture polyester Fully Drawn Yarn (FDY), but anti-dumping duty was also imposed on FDY which was not locally manufactured.
He hoped that authorities concerned would consider demands to enable the industry to compete in the international market easily.
