Textile Industry Asks Maryam Nawaz to Cancel New Import Tax

Notably, the All Pakistan Textile Mills Association (APTMA) has pressed Punjab Chief Minister Maryam Nawaz Sharif to suspend a new 0.90 percent infrastructure development cess on imports linked to the province, warning that the levy could rise manufacturing costs and hurt exports.

Key points

• APTMA argued that Punjab-based businesses could face double taxation when imports cleared through Sindh ports are already subject to the Sindh Infrastructure Cess.
• APTMA asked Maryam Nawaz to intervene urgently and suspend the cess on industrial imports.
• The association requested a session with the chief minister to explain the potential impact on Punjab's textile and apparel exports.
• The association additionally cautioned that the measure could discourage new industrial investment in Punjab and create cost differences between businesses operating in different provinces.
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In a letter dated October 9, APTMA Chairman Asad Shafi remarked the Punjab Infrastructure Development Cess would raise the cost of raw materials, industrial inputs and machinery for manufacturers operating in the province. Pakistan Needs Its Own Global Brand: Ahsan Iqbal.

APTMA argued that Punjab-based businesses could face double taxation when imports cleared through Sindh ports are already subject to the Sindh Infrastructure Cess. Applying the Punjab levy to the same goods would add another cost for manufacturers.

APTMA remarked textile mills import cotton, man-made fibres, dyes, chemicals, spare parts and machinery to manufacture goods for domestic and international markets. An extra levy on these inputs could reduce profit margins and produce Pakistani exporters less competitive internationally.

In practice, the association additionally cautioned that the measure could discourage new industrial investment in Punjab and create cost differences between businesses operating in different provinces.

APTMA asked Maryam Nawaz to intervene urgently and suspend the cess on industrial imports. It additionally called on Pakistan Single Window to stop collecting the levy until consultations with industry representatives and chambers of commerce have taken place.

Notably, the association requested a session with the chief minister to explain the potential impact on Punjab's textile and apparel exports. Stay Connected with ProPakistani.

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In short, textile Industry Asks Maryam Nawaz to Cancel New Import Tax is the central thread here, and readers can expect follow-up reporting as the picture becomes clearer.