While addressing a meeting of Pakistan Hosiery Manufacturers Association (PHMA), member sales tax, CBR Musarrat Jabeen assured settlement of refund claims of the exporters of knitwear, hosiery and textiles by December 2006 and January 2007.
Exporters faced many difficulties and problem of liquidity due to some technical issues.
An advisory committee with a representative of each association will be constituted and monthly meeting will be called by sales tax collectorate.
Many industries are already shutting down due to tough competition from global markets. Even large numbers of claims are pending to be entered into computers.
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