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Tag Archives: Indentor Association of Pakistan

Government to Announce Textile Package: Saquib Magoon

Karachi, November 29, 2016 (PPI-OT): Chairman Indenter Association of Pakistan, Saquib Fayyaz Magoon has urged the government to announce incentive package to bring textile sector out of crisis. He said that the textile exports Pakistan and #39;s major foreign exchange earners are constantly on the declining path.

He said that the government should immediately look towards the core issues of textile industry and should try to solve these important issues, mainly includes issues of high cost of manufacturing and high unitary changes.

“ The government must take these issues on priority basis, otherwise the textile industry will reach the point of no return resulting massive unemployment in the country, he added .”

He said Pakistan got Generalised System of Preference (GSP) plus status but failed to take its benefits in real terms. He said that cost of doing business in Pakistan is going up day by day and due to this reason Pakistani exporters are not getting a level playing field and fail to get desired benefit of GSP plus status.

For more information, contact:
Head Office,
Indentor Association of Pakistan
8/8, Rimpa Plaza, M. A. Jinnah Road, Karachi, Pakistan
Tel: +92-21-32765190
Fax: +92-21-32765195
Email: info@iapak.org
Website: www.iapak.org

Saquib Fayyaz Magoon Lauds security Agencies, looks very committed with complete determination for Gawadar Mega Project

Karachi, August 18, 2016 (PPI-OT): Ex Chairman Indentor Association of Pakistan and Chairman FBR Liaison Committee (BMP) Saquib Fayyaz Magoon disclosed on return from Gawadar Visit that Our Security Agencies looks very committed to complete CPEC and protecting Gawadar Mega project with full determination to make it most Successful project. Saquib Fayyaz Magoon who was …

Indentors should be in Tax free regime as they are exporter of services to foreign countries

Karachi, June 16, 2016 (PPI-OT): Chairman Indenters Association of Pakistan (IAOP) Mr.KhurramSayed and IP Chairman Mr. Saquib Fayyaz Magoon said Indentors are bitterly disappointed that, Sindh Govt did not removed service tax from indentors in Provincial budget 2016-17. In Budget Anomalies, they point out that, Instead to Encourage Indenters like other export Oriented Sectors , …

Federal Board of Revenue assured to incorporate IAOP suggestions pertaining to SRO 1125

Karachi, June 01, 2016 (PPI-OT): Chairman Federal Board of Revenue (FBR) Nisar Ahmed Khan, while agreeing to the much-awaited demand of Indenters Association of Pakistan, has assured to waive of the verification condition in case of selling items enlisted in the SRO 1125 to non-registered persons. Former Chairman of Indenters Association of Pakistan and Chairman …

All Show Cause notices issued due to Crest technical problems should be withdrawn immediately: Saquib Fayyaz Magoon

Karachi, October 10, 2013 (PPI-OT): “Saquib Fayyaz Magoon Ex-chairman of Indentor Association of Pakistan stated that “Indentor Association admire FBR for giving provisions through newly Issued 4 SRO’s 895-898 including Exemptions from with holding tax for Commercial Importers, but still very big lacuna is there for Textile Chemical Traders , as they can’t registered as …

The post All Show Cause notices issued due to Crest technical problems should be withdrawn immediately: Saquib Fayyaz Magoon appeared first on AsiaNet-Pakistan.

Tax payers facing problems due to technical faults in CREST and PARAL: Saqib Fayyaz Magoon

Karachi, September 10, 2013 (PPI-OT): Saquib Fayyaz Magoon (Ex Chairman Indentor Association of Pakistan ) highlighted the Problems facing by five Zero Rating Sectors (now 2%) , According to SRO 221(Amendment of SRO 1125) Goods can be supplied @2% to registered or unregistered persons doing business in above 5 Sectors, Problems is that how “CREST” …

The post Tax payers facing problems due to technical faults in CREST and PARAL: Saqib Fayyaz Magoon appeared first on AsiaNet-Pakistan.