TaxQuick read

Tanners’ association expresses concern over monitoring system

Business Recorder • • 1 min read

Tanners’ association expresses concern over monitoring system

Business Recorder reported that Muhammad Azam Malik, chairman of the Pakistan Tanners Association (PTA), has voiced strong unease about a digital production monitoring system the FBR has required tanneries to implement. The notice, dated 07.10.2026, gives the sector seven days to comply, a timeline Malik described as entirely unworkable. He stressed that tanning is one of the most valuable export industries and contributes significantly to GDP.

According to Malik, exporters already document output, sales and shipments through the Pakistan Single Window, goods declarations, invoices, bank records, sales tax submissions and income tax statements. He argued the proposed system would duplicate those obligations, add cost and complexity, and impose an unnecessary burden without meaningful extra benefit. He also warned that the measure could disrupt production needed to fulfil export orders.

Malik also noted that costs for doing business here are already steep compared with rivals such as India, Bangladesh, Turkey and China, making export orders harder to win. He then asked the prime minister to intervene and stop the FBR from applying the digital monitoring system to tanneries. The association insists its members back transparency and follow the rules.

At a glance

  • The PTA chairman says an FBR notice dated 07.10.2026 requires tanneries to implement the system within seven days.
  • The association argues existing statutory records already give authorities verifiable information on exports.
  • The PTA has appealed to the prime minister to stop the FBR from implementing the system.
Sectors:Leather & Tanneries

Originally reported by Business Recorder

This page is Investify's own summary. The full report, with all details and context, is on the publisher's site.

Read the full story

Want the full article here?

Log in to read the full article in the Investify reader, in English or Urdu.

Investify summarizes Pakistan Stock Exchange news in its own words and links each story to its original publisher. We always credit the source so you can read the full report and verify the details before making financial decisions.

Built for PSX investors

Business news.Every filing, summarised.

Top stories from Pakistan's business press and key findings from every PSX announcement.

Investify announcement summary with key findings from a PSX filing
Investify app home screen with Pakistan business news and PSX filings