|
|
Article: 6% R&D Support to garments industry.
- Article from:
- PPI - Pakistan Press International
- Article date:
- June 18, 2005
CopyrightCOPYRIGHT 2005 Asia Pulse Pty Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
|
Karachi, June 18 (PPI): The Government has decided to provide Research and Development Support to Textile Garments Units manufacturing and exporting textile garments at rate of 6% of FOB value of exports to EU and USA.It will be subject to terms and conditions mentioned in Commerce Ministry's SRO No. 437 (I)/2005 of May 18, 2005, as amended vide Ministry's SRO No. 611 (I)/2005 of June 15, 2005. It is applicable to shipments made on or after 12th April, 2005.It shall be provided subject to conditions that exporting unit shall be a member of any of associations registered with Director, Trade Organization (DTO) - Pakistan Readymade Garments Manufacturers & Exporters ...