sales tax

Textile sector urges reinstatement of No Payment, No Refund regime

Textile sector urges reinstatement of No Payment, No Refund regime

November 4, 2019

FAISALABAD: With liquid assets drying up fast due to no-show of sales tax refunds, the textile industry is pressing the government to restore the zero-rated facility for the sector to stem the slow demise of a profitable part of Pakistan’s economy. According to Pakistan Hosiery Manufactures & Exporters Association (PHMA)[...]