KARACHI: Pakistan Customs has issued export rebate of Rs8.24 billion during fiscal year 2014/2015, which is 3.93 percent higher as compared to Rs7.93 billion issued in 2013-14, says the Year Book issued by Federal Board of Revenue (FBR).
A sum of Rs2.417 billion was issued to textile sector during the last fiscal year, up 37 percent as against Rs1.764 billion paid in 2013/2014.
Rebate issued to leather sector during the period under review stood at Rs1.736 billion during 2014/2015 as compared with Rs1.698 billion in 2013/2014, depicting an increase of 2.2 percent.
Carpet and handicraft received rebates amounting Rs112 million and sport goods industry received Rs348 million during 2014/2015.
The surgical and cutlery have received customs rebates amounting Rs1.1 billion during 2014/15.
Other export sectors claimed rebate of Rs2.141 billion last fiscal, which is 30.6 percent down as compared to Rs3.088 billion paid to other exporting sectors in 2013-14.