Textile: Industry gives an ultimatum to withdraw SROs
APTSIA termed the SROs as an unbearable burden on the industrial sector.
FAISALABAD:
All Pakistan Textile Sizing Industry Association (APTSIA) gave an ultimatum of 12 hours to the government to withdraw the disputed statutory regulatory orders (SRO) 154(1)/2013 and SRO 98 (1) 2013 and threatened that APTSIA will launch a countrywide series of protest rallies, processions and sit-ins besides choking business and industrial activities if these were not withdrawn by Tuesday (March 12).
It said that that a large number of power loom units have been locked while the remaining industrial units would also stop their operational activities if the said SROs were not taken back by Tuesday.
APTSIA termed the SROs as an unbearable burden on the industrial sector and said that the Federal Board of Revenue issued these SROs without the taking concerned stakeholders aboard.
Published in The Express Tribune, March 12th, 2013.
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All Pakistan Textile Sizing Industry Association (APTSIA) gave an ultimatum of 12 hours to the government to withdraw the disputed statutory regulatory orders (SRO) 154(1)/2013 and SRO 98 (1) 2013 and threatened that APTSIA will launch a countrywide series of protest rallies, processions and sit-ins besides choking business and industrial activities if these were not withdrawn by Tuesday (March 12).
It said that that a large number of power loom units have been locked while the remaining industrial units would also stop their operational activities if the said SROs were not taken back by Tuesday.
APTSIA termed the SROs as an unbearable burden on the industrial sector and said that the Federal Board of Revenue issued these SROs without the taking concerned stakeholders aboard.
Published in The Express Tribune, March 12th, 2013.
Like Business on Facebook to stay informed and join in the conversation.