The Ministry of Textile Industry (Mintex) has suggested to the secretary, Central Board of Revenue (CBR) that the issues related to R & D support SRO Order 2006 may be taken up with the Input Output Co-efficient (IOCO) Karachi. Further a schedule of meetings between IOCO and textile associations with effect from November 1 onwards at Karachi may be given.
The officers from CBR and Mintex will also participate in these meetings. A meeting was held earlier to discuss the issues related to the Order with the textile related associations/stakeholders in Islamabad. During the meeting, representatives of associations had suggested that the whole chapters relating to textile exports should be added to SRO and a negative items' list might be mentioned.
The CBR representatives had, however, suggested that a detailed discussion with Model Customs Collectorate and Input Output Co-efficient (IOCO) Karachi is required to resolve this HS Code problem.
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