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Inclusion of black tea in ATT list flayed
KARACHI (February 27
2004): Pakistan Tea Association has expressed
great shock and surprise on the inclusion of black
tea in the list goods covered by Afghan Transit
Trade agreement.
Saeed Ahmed Khwaja, Chair-man Pakistan Tea
Association said in a statement that this decision
of the government would not only give a spurt to
smuggling but also will greatly affect legal
import business and cause colossal loss of revenue
to the exchequer.
He urged the government to take immediate steps to
do away with 20 percent import duty to counter the
effect of this new order, otherwise besides
colossal loss of revenue to the government it will
force thousands of businessmen out of work and
increase unemployment.-PR.
Courtesy Business Recorder |
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Pakissan.com; Advisory Point
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