In
terms of Ministry of Textile Industry’s SRO No.
1045 (I)/2008 dated 19-09-2008, published in the Gazette
of Pakistan on October 07, 2008, the Government of Pakistan
has decided to allow Compensatory Support @ 7.5% as per
prescribed procedure to the existing PTA users or consumers
as mentioned in the said SRO and any other user approved
by the MINTEX, who becomes eligible in future, to offset
the impact of PTA duty on polyester chain products manufacturer
from locally procured PTA through SBP-BSC (Bank) Offices.
A copy of the above mentioned SRO, containing eligibility
criteria, terms & conditions and procedure for filing
claims for Compensator Support, is being enclosed for
strict compliance of the same by the Authorized Dealers.
Authorized Dealers are advised to bring the above to the
notice of all their constituents.
Encl:
a.a.