Pakistan Hosiery Manufacturers and Exporters Association (PHMA) Chairman Dr. Khurram Anwar Khawaja appreciating the move to withdraw duties and taxes on the import of cotton to encourage the value-addition has also demanded the same relaxation for the import of cotton yarn, which is a raw material for value-added knitwear sector. Dr. Khurram said that Prime Minister’s package for exporters was announced on January 10, 2017, wherein textile apparel sector was to be provided a number of facilitations, including withdrawal of customs duty and sales tax on the import of cotton yarn from January 16, 2017, but no such measure was taken so far.

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