I

*ecember 21,202t

Ref. No.: IWI\{1l 14/2020

Mr. Abdul Razak Dawood

Adviser to PM
Ministry of Commerce & Industry
Government of Pakistan

Sutrject: Request for revision in Dutv Structure

Dear Sir.

Interwood Mobel (Pvt) Limited is the largest furniture producer and retailer in Pakistan. We have deposited
taxes amounting to Rs. 300 million to the national exchequer in the last financial year. The organization
believes in investing in technology and its human resources. During these challenging times. we are
committed to our financial obligations and social responsibilities. Not even a single employee was laid off.
The organization invested in human resource development but also cleared all its financial obligations.

The company over the past few decades has duly contributed a major share towards the domestic furniture
and allied products, and has substituted major imports and now looking into opportunities for exports.

Recently, Government has imposed regulatory duty and made some changes in valuation ruling on certain
luxurious items to bring the import bill under control and promote the local industry.

We propose that ACD and RD to be removed on our basic raw materials (Annexure -A Attached). This
will help us in being competitive in local and export marketing.

Looking forward to have a positive response from your side on all the requests.
'Y

Very truly yours,

Omar Farooq

Chief Executive Officer I Interwood Mobel Pvt. Ltd.

Independent Director [SME Bank
Regional Finance Officer IYPO (Middle East / North Africa)
 ,

--- (Amexure A) ___

I
ExistingDuI Propr osed Dufy
Structure
Str
enapter32 Pqi t-L ACD RD
arushes CD ACD RI)
I
pcr 3rrs rarnts and uu.ri.t., Rer

ll
I

(including enamels 2A% 7% I to"t 10%

and {.lV barud
racquers) based on -
material not
synthetic polymers
cnemlcally or
II available

t/
modified locally,
natural polymers. additionallv.
orspersed or dissolved
r non-aqueous medium:
;otutlons as defined
\lote 4 to
in

in
this chapter.
I
I

I
tt,
ll, lr
Iocally uruilrblu
material is not
;ompatible with
I nachine-based
Itt
I

PCT 32.09 I)aints -vam-;.f," lrroduction

anO
---t-i'r
(including enamels
and
2A% -70/
t /-O to% i 10% - I - irrelceI
accounts
racquers) based
synthetic polymers
cnemrcally
on
or
modified
ll"
tl
or extra
rastage.

natural
t/
polymers,
olspersed or dissolved
in
an aqueous medium.
PCT 32. 2 \._=__=__
(mcludins
l
I
tl
tt
netallic powders I ?not no -/
r ,/o i

and t0% I
tares) dispersed
in non_
laqueous media. in liquid
Io r p.a:te form, of
a kind
lu, rn.the manufacture
lol:ed
r p.amts (including
CItamels); skmping
,es
foils:,
d1 and other colorins i
miaffer pur up in ro.ms
pactcmg
oi I
for retail sale i
(P, cr izt2.sord 6d;;;
i
Chaptei3s* n
av{sL-ertaneous
Chemical products

f Pcr 38.14_- vr.tsdrrrc composite

sotvents and thinneis,
not
I 20% 10,/
r ,/o
10%
ersewhere specified
or
mcluded; prepared paint
ano varnish remover.

-
 errf

PCT 55.12 Woven fabrics of Remove it from

synthetic staple fibers,
o/o
valuation ruling
containing 85 or more no.1454/202A
by weight of synthetic dated 24th June
staple fibers.
?020.