No decision to lift duties on man-made fabric
Islamabad: Despite holding multiple meetings, Pakistan’s Tariff Policy Council remains undecided on withdrawing the 5% regulatory duty on man-made textile imports due to competing business interests, testing the government’s will to reduce the cost of doing business. Sources said that headed by commerce minister Jam Kamal, the Tariff Policy Council had held several rounds of discussions on the proposal to withdraw the 5% regulatory duty on import of polyester yarn. Although the majority of board members were in favor of withdrawing the duty, the board is yet to take a final decision, they added. The commerce minister’s views could not
