Lahore:Organizers of the 5th Color and Chem Expo have urged the federal government to also allow zero tax for raw materials of dyes and leather used in one of leading textile sector of Pakistan.
They made this appeal while talking to media on concluding day of this exhibition organized by the Event and Conference International with the support of Punjab Dyestuffs and Chemicals Manufacturing Association (PDCMA), Asia Dyestuff Industry Federation (ADIF), China Dyestuff Industry Association and Rainbow Dye-Tech Pvt. Ltd. here at Expo Centre.
Over 200 companies from China, India, Germany, Turkey, Thailand, Taiwan and other countries participated in this mega event and expressed their satisfaction on response of visitors.
Talking to media, organizer Director Event and Conference International Rashid-ul-Haq termed exhibition as a big boost for Pakistani industry.
Patron-in-Chief Punjab Dyestuff and Chemicals Manufacturers Association Abdul Rahim Chughtai lauded government for ending non-filers and urged zero tax rates for raw materials of dyes and leather. There is about 40 percent overall taxes on these imports resulting halt in exports, he maintained.
Chairman China Dyestuff Industry Association Tian told media person that China is the largest exporter of dyes and chemicals. We exported 1.3 million tons raw materials last year and Pakistan was the top third country with 19700 ton imports from China, he told.