Economic Coordination Committee of Pakistan’s federal cabinet has decided to extend export period of wheat and wheat products till August 31 this year.
Wheat exporters, who shifted wheat from godowns of food departments prior to 15th March 2017,will be allowed to benefit from this extension.
ECC approved proposal regarding outstanding claims of PASSCO on account of wheat supplied to Afghanistan.
The committee recommend to Federal Government to extend period of applicability of reduced rate of withholding tax of 0.4% on banking transactions of non-filers till 30th September 2017
ECC considered proposal submitted by Ministry of Commerce regarding PM’s Package for Exporters, ECC decided to extend date of submission of claims till 30th September 2017 for shipments / exports made up to 30th June 2017.