AsiaNet-Pakistan Premier Editorial Content and Press Release Distribution Service
Islamabad: All Pakistan Textile Mills Association has appreciated Pakistan Customs’ measures against the misuse of exemptions under the Export Facilitation Scheme through alleged misdeclaration of imported fabric.
According to Radio Pakistan, APTMA stated that the misdeclaration of imported fabric can result in loss of legitimate government revenue and create an unfair competitive disadvantage for domestic manufacturers operating in compliance with the law.
The Association also acknowledged the role of Customs field formations in examining consignments and taking action against misuse of the scheme. It called for continued vigilance to ensure that the Export Facilitation Scheme is used strictly for its intended purpose.