Federal Board of Revenue’s Input Output Co-efficient Organisation (IOCO) Director General Irfanur Rehman Khan has assured the All Pakistan Textile Mills Association (APTMA) of resolving issues of exporters related to determination of Input Output Ratios (IROs), Wastages and Analysis certificates by the next week.
According to the APTMA spokesman here on Wednesday, he also sought a proposal from the Association to make the determination process more viable and export-friendly after due consideration. He agreed that Textile Notes might serve as reference and guidance for determination of Input Output ratios. However, these Notes need to be reviewed as they were compiled more than a decade ago. He was responding to the queries raised by the textile industry representatives on his visit to APTMA House.
DG IOCO was accompanied by Chaudhry Muhammad Akram, Director IOCO, Ms. Ammara Durrani, Additional Director, Ms. Aneeqa Afzal, Additional Director, Ms. Nadia Aslam, Deputy Director and Usman Butt, Deputy Director, IOCO. .—APP