Our staff Reporter KARACHI - A high-level traders delegation led by Businessmen Group Chairman Siraj Kassam Teli held an emergency meeting with Federal Board of Revenue (FBR) Chairman Salman Siddique regarding havoc created by SRO.1012 with changes in zero-rated tax regime for five export sectors. After intense negotiation with FBR Chairman, the successful talks brought a fruit of restoration of SRO 283 while it has been decided that fate of SRO 1012 will be decided in consultation with KCCI committee and FBR on mutual consent. The notification for restoration of SRO 283 is being issued by FBR. The delegation included Haroon Farooki, Vice Chairman BMG Group and former President KCCI, Younus Muhammad Bashir, Senior Vice President KCCI, Muhammad Ibrahim Kasumbi Chairman GST sub-committee KCCI, Muhammad Irfan Moton, Chairman SITE Association of Industry, Najmuddin Chughtai, Chairman , Pakistan Chemicals & Dyes Merchants Association, Muhammad Usman, Chairman, Pakistan Yarn Merchants Association, Tahir Mahmood Sheikh, Central Vice Chairman from Punjab and KPK for Pakistan Yarn Merchants Association Faisalabad. The drastic and unilateral changes had adverse affects on trade causing huge loss to economy and national exchequer since many containers were held at port due to manipulation of the said SRO by relevant collectorate officers. The business community welcomed the move and praised the efforts of KCCI leadership who made hard work to get resolved this rigid issue amicably.