The Pakistan Cotton Ginners Association (PCGA) has opposed the recommendation of the Economic Coordination Committee (ECC) to withdraw 4 per cent customs duty and 5 per cent sales tax on the import of cotton from India and other countries, especially when the country had already suffered a loss of Rs 500 billion due to reduced cotton production.
Browsing: Pakistan Cotton Ginners Association
Higher cotton production by Sindh and Punjab helped Pakistan improve its overall output by 7.16 per cent year-on-year up to December 31, according to the latest figures issued by the Pakistan Cotton Ginners Association. Yet the production level remained lower than the official revised estimate of 12.6 million bales.