Rebate on textile items export enhanced

Fulfilling a major demand of All Pakistan Textile Mills Association (APTMA), the Federal Board of Revenue (FBR) has enhanced duty drawback on export of viscose staple fibre yarn, acrylic staple fibre yarn, 100% polyester staple fibre yarn and other textile products from September 17, 2007.

The Board has superseded SRO 610(I)/2007 through SRO 955(I)/2007 to revise duty drawback rates on the textile items.

The duty drawback on the export of viscose staple fibre yarn has been enhanced from Rs 3.90 per kg to Rs 5.33 per kg viscose staple fibre blended yarn (50% to 65% viscose staple fibre 50% to 35% cotton), from Rs 2.23 per kg to Rs 3.05 per kg and duty drawback on the export of viscose staple fibre blended yarn (15% to 30% viscose staple fibre 85% to 70% cotton) has been increased from Re 0.87 per kg to Rs 1.20 per kg.

The duty drawback on export of 100% acrylic staple fibre yarn has been raised from Rs 4.35 per kg to Rs 4.65 perkg; acrylic staple fibre blended yarn (50 %to 65% acrylic staple fibre 50% to 35 %cotton) from Rs 2.50 per kg to Rs 2.67 per kg and duty drawback on the export of acrylic staple fibre blended yarn (15% to 30% acrylic staple fibre 85% to 70% cotton) has been enhanced from Re 0.97 per kg to Rs 1.05 per kg.

The duty drawback on export of 100% polyester staple fibre yarn has been raised to Re.0.25 per kg; 100 percent viscose staple fibre yarn, from Rs 3.90 per kg to Rs 5.33 per kilogram and duty drawback on the export of 100% acrylic staple fibre yarn has been enhanced from Rs 4.35 per kg to Rs 4.65 per kg.

The reduced duty drawback on the export of grey fabrics, made of 100% cotton would be 0.03% of the fob value; grey readymade garments, made of 100% cotton, 0.23% of the fob value; grey made-ups ie bedwear, curtain, table linen, etc made of 100% cotton, 0.10% of the fob value; bleached readymade garments, made of 100% cotton, 0.44% of the fob value; bleached made-ups ie bedwear, curtain, table linen, etc made of 100% cotton, 0.31% of the f.o.b. value; dyed or printed or partially dyed or printed or screen printed fabrics, tapestry fabrics, made of 100% cotton, 0.71% of the f.o.b. value; dyed or printed or partially dyed or printed readymade garments made of 100% cotton, 0.90% of the fob value and duty drawback on the export of dyed or printed or partially dyed or printed made-ups ie bedwear, curtain, table linen, etc made of 100% would be 1.01% of the fob value.