Tag: SCCI

Sialkot, July 04, 2022 (PPI-OT):Mian Imran Akbar, President of Sialkot Chamber in a statement given to the press has stressed on the Government to reconsider its decision on Eid Holidays. He said that the manufacturing cum export sector of Pakistan had to work according to the global buyers and their integrated supply chains. In the given scenario and stern deadlines, Mr. Akbar regretted that the 5-day Eid Holidays would put the industry in extreme peril as the shutdown would not only result in delayed shipments but also loss of vital foreign exchange.

The President Chamber was of the view that in the wake of the prevailing energy crisis, the exporters were working in double shifts to somehow meet the deadlines and cannot afford such a long industrial shutdown due to the Eid holidays. Mian Imran Akbar requested His Excellency Mian Muhammad Shehbaz Sharif to review the decision and allow the Export Sector along with their backward linkages to work and meet their deadlines in a timely manner by reducing the Holidays from 5 to 3.

For more information, contact:
Sialkot Chamber of Commerce and Industry (SCCI)
Shahrah-e-Aiwan-e-Sanat-o-Tijarat, Sialkot – 51310, Pakistan
Phone: +92-52-4261881-3
Fax: +92-52-4268835, +92-52-4267919
E-mail: sialkot@scci.com.pk
Website: http://www.scci.com.pk

Sialkot, June 24, 2022 (PPI-OT):Mian Imran Akbar, President Chamber, in a statement given to the press expressed satisfaction with the Federal Government’s resolve to support the exports-oriented Industry of Sialkot, under the visionary leadership of the Prime Minister of Pakistan. Mr. Akbar acknowledged the efforts of Khawaja Muhammad Asif, Federal Minister for Defence, and expressed his special thanks to him for his unwavering support extended to the Sialkot Chamber in its advocacy and lobbying efforts with the Government.

The President Chamber shared that a delegation of the Sialkot Chamber had a meeting with the Prime Minister Mian Muhammad Shehbaz Sharif on June 16, 2022, wherein various issues and projects were discussed including but not limited to 5% WHT on Export Companies, Sialkot Industrial Zone, University of Applied Engineering and Emerging Technologies, Safe City Sialkot, and Road Infrastructure of the city. He was thankful to the Prime Minister for understanding the importance of the issues and directing the concerned quarters for immediate action.

Mr. Imran Akbar said that the follow-up by the Ministries, post-meeting with the premier had been outstanding and that the Government was taking all necessary measures to facilitate the industry. The President Chamber also thanked Mr. Miftah Ismail, Federal Minister for Finance, Syed Naveed Qamar, Federal Minister for Commerce, and Mr. Kamran Ali Afzal, Chief Secretary Punjab for their support and commitment to the industry.

For more information, contact:
Sialkot Chamber of Commerce and Industry (SCCI)
Shahrah-e-Aiwan-e-Sanat-o-Tijarat, Sialkot – 51310, Pakistan
Phone: +92-52-4261881-3
Fax: +92-52-4268835, +92-52-4267919
E-mail: sialkot@scci.com.pk
Website: http://www.scci.com.pk

Sialkot, May 13, 2022 (PPI-OT):Mian Imran Akbar, President of Sialkot Chamber of Commerce and Industry has hailed the decision of the Federal Government to allow duty-free import of PU Leather under the SRO 492. He shared that the breakthrough had been achieved after strong advocacy and lobbying efforts of the Sialkot Chamber of Commerce and Industry. “The Federal Board of Revenue has allowed the import of PU Leather under the SRO 492 (I)/2009 vide their clarification C.No.11(17)DRD/2010(PT-I) issued on May 12, 2022. This is an achievement of this Chamber as the deadlock was persisting for last many months” the President said.

He shared that the Sialkot Chamber took up the issue with all the stakeholders including the Finance Minister, Commerce Minister, Chairman FBR, and Member Customs (Policy). He said that the issue arose after an erroneous interpretation and subsequent holding of shipments at various Customs Stations. Mr. Akbar informed that PU Leather was a vital raw material for use in the manufacturing and export of Soccer Balls and had been exempt from the levy of Custom Duties for the last 45 years under various temporary importation schemes.

The President said that the Sialkot Chamber had informed the Government regarding the impact of barring duty-free PU Leather imports would be disastrous for the Football Manufacturing and Export Sector of Pakistan as the annual export earnings of the sector stood at USD 120 (M) which could peak at USD 200 (M) during the world cup season and all the business could be lost to China and India.

Mian Imran Akbar thanked Mr. Miftah Ismail, Finance Minister, Mr. Naveed Qamar, Commerce Minister, and Mr. Asim Ahmad, Chairman FBR for understanding the gravity of the situation and accepting the demands on merit. He especially thanked Khawaja Muhammad Asif, Federal Minister for Defence for his unwavering support extended to the Sialkot Chamber.

For more information, contact:
Sialkot Chamber of Commerce and Industry (SCCI)
Shahrah-e-Aiwan-e-Sanat-o-Tijarat, Sialkot – 51310, Pakistan
Phone: +92-52-4261881-3
Fax: +92-52-4268835, +92-52-4267919
E-mail: sialkot@scci.com.pk
Website: http://www.scci.com.pk

Sialkot, December 28, 2020 (PPI-OT): Mr. Qaiser Iqbal Baryar, President, Sialkot Chamber of Commerce and Industry in a press statement said that on December 26th, 2020, a meeting was held at Department of Industries, Commerce, Investment and Skills Development, Government of Punjab, which was chaired by Mr. Abdul Razzak Dawood SAPM on Advisor for Commerce, Textile, Industry and Production, and Investment. Mian Aslam Iqbal, Provincial Minister and Presidents Sialkot, Gujrat, Gujranwala, Faisalabad, Lahore, Rawalpindi Chambers of Commerce and Industry, Secretary General, Pakistan Textile Exporter Association and Vice Chairman Pakistan Textile Mills Association, Faisalabad were also present in the meeting to discuss the issues being faced by the Business Community of Punjab.

The Business Community of Punjab discussed the prevailing issues of the Industry including pendency in Sales Tax Refunds, withdrawal of Infrastructures development CESS Punjab, and also stressed to continue the subsidies on the utilities, in order to stay competitive in the International market.

Mr. Qaiser Iqbal Baryar, President, Sialkot Chamber of Commerce and Industry presented his proposals and issues including notification for execution of Sialkot Industrial Zone, establishment of Cargo Train, One window facility for PESSI and EOBI, one-time settlement for Time barred cases of DLTL, in time payment of rebate claims to exporters, overcoming the shortage of skilled labour, withdrawal of Infrastructure Development CESS on temporary imports and an increase in percentage of DLTL should be offered to all exports-oriented sectors.

Mr. Abdul Razzak Dawood, SAPM on Advisor for Commerce, Textile, Industry and Production, and Investment ensured maximum facilitation to Business Community, with a continuous effort to provide an ease and business friendly environment to export-oriented Industry. He added that Government of Pakistan was making efforts to allow a maximum reduction in import duties and provision of duty drawbacks to Industry should be given on prompt basis. Mr. Dawood also shared that an IT park would be soon established in Pakistan that would help in gaining, maximum support for E-Commerce Industry of Pakistan. He appreciated the proposal of SCCI for starting a Cargo Train Service and also ensured that he will endorse this proposal in the Government Quarters, as well.

For more information, contact:
Sialkot Chamber of Commerce and Industry (SCCI)
Shahrah-e-Aiwan-e-Sanat-o-Tijarat, Sialkot – 51310, Pakistan
Phone: +92-52-4261881-3
Fax: +92-52-4268835, +92-52-4267919
E-mail: sialkot@scci.com.pk
Website: http://www.scci.com.pk

The post Abdul Razzak Dawood chairs meeting at Department of Industries, Commerce, Investment and Skills Development, Government of Punjab on December 26 appeared first on Business News Pakistan.

Sialkot, December 21, 2020 (PPI-OT): In a statement given to the press, Mr. Qaiser Iqbal Baryar, President Sialkot Chamber of Commerce and Industry, announced the formation of the Sialkot Business Advisory Council (SBAC). The forum has been conceived in consultation with Mr. Usman Dar, SAPM on Youth Affairs to bring all major industrial stakeholders including trade associations to one platform to perform advocacy and lobbying functions unanimously and collectively and to make joint efforts for the promotion of trade and industry especially the exports.

The President Chamber, on the formation of SBAC, said that Sialkot Chamber being the mother body of all industrial sectors of the city was actively pursuing its SME uplift and Export-Led growth agenda. Mr. Baryar said that the formation of SBAC is a step ahead towards the same agenda as it would provide all the relevant trade bodies of Sialkot with an opportunity to highlight their issues leading to a more inclusive charter of demands for the industry. He also added that SBAC would have an advisory role and to prepare workable proposals for enhancing the exports and removing the bottlenecks.

The SBAC would be chaired by the President of Sialkot Chamber with memberships from all the key trade associations including PSGMEA, SIMAP, PRGMEA, PGMEA, PLGMEA, PHMA, PCMEA, and others. The first meeting of the SBC was held on December 15, 2020, wherein a grand agenda of proposals was formed for submission to the Government to take measures and necessary policy-making to provide relief to the Export Sector.

Various issues of the Industry including time-barred DLTL cases, 5% Withholding Tax on Companies, Cargo Train from Sialkot to Karachi and Gwadar, Reforms in the Export Processing Zones, and One Window Facility for the Exporters came into discussion. Mr. Qaiser Iqbal Baryar said that the SBAC would hold monthly meetings and would submit its proposals and inputs to the Government.

For more information, contact:
Sialkot Chamber of Commerce and Industry (SCCI)
Shahrah-e-Aiwan-e-Sanat-o-Tijarat, Sialkot – 51310, Pakistan
Phone: +92-52-4261881-3
Fax: +92-52-4268835, +92-52-4267919
E-mail: sialkot@scci.com.pk
Website: http://www.scci.com.pk

The post President Sialkot Chamber of Commerce and Industry announces formation of Sialkot Business Advisory Council appeared first on Business News Pakistan.

Sialkot, November 11, 2020 (PPI-OT): Mr. Qaiser Iqbal Baryar, President, led a delegation of Sialkot Chamber to a meeting with Mr. Jamil Ahmed Jamil, MD, PSIC. Mr. Baryar highlighted various issues in the Sialkot Export Processing Zone and requested facilitation of the Managing Director on the extension in the time period of construction of plots, abolition 10% exit fee, the abolition of late construction charges and rationalization of maintenance charges.

The President Chamber assured that the allottees would construct their facilities/factories if provided with such necessary facilitations. Mr. Jamil Ahmed Jamil, MD PSIC, assured the President Chamber of his full support in taking up the proposal in the board and requested Mr. Qaiser Baryar to share a workable plan, guaranteeing early colonization of EPZ.

For more information, contact:
Sialkot Chamber of Commerce and Industry (SCCI)
Shahrah-e-Aiwan-e-Sanat-o-Tijarat, Sialkot – 51310, Pakistan
Phone: +92-52-4261881-3
Fax: +92-52-4268835, +92-52-4267919
E-mail: sialkot@scci.com.pk
Website: http://www.scci.com.pk

The post Qaiser Iqbal Baryar highlights various issues in the Sialkot Export Processing Zone appeared first on Business News Pakistan.