"A reduction in the export refinance and introduction of zero-rating regime are wonderful steps," he said. Talking to this scribe, Shah said the introduction of zero-rating regime would be beneficial to the cottage industry of Multan and other parts of Southern Punjab, which was facing the problem of liquidity cash flow. However, he termed the continuity of Drawback of Local Taxes and Levies (DLTL) as a joke, saying that the government should offer 4 percent DLTL to all export items to bring growth to the sector. Regarding the duty free import of machinery, he said, the government should offer duty free import of spare parts to make this offer more comprehensive and ensure modernization of the value-added textile industry.
He has also welcomed reduction in the refinance rate to 3 percent. On refunds, he objected the announcement of paying back the refunds to only those carrying RPOs, saying that the government had stopped issuing RPOs over the last four months. Therefore, the government should announce payment of all stuck-up refunds by 31st August to resolve the liquidity issue.