Pakistan imposes 10 percent fee on Afghan transit trade items today news update in pakistan 2023.

 

  • The decision comes amid an intense crackdown against smugglers and hoarders to bolster the weakening economy
  • Officials say the move will prevent items destined for Afghanistan to be brought into Pakistani markets by traders

PESHAWAR: Pakistan announced on Tuesday to impose a 10 percent processing fee on several items imported from Afghanistan under a transit trade agreement in a step that has been viewed as an attempt to stop illegal entry of goods into the country from the neighboring state.
The government launched an intense crackdown against smugglers and black marketers last month to bolster the country’s weakening economy and bring down the prices of essential items in the market.
The counter smuggling operation prevented the flight of foreign currencies from Pakistan, leading to the stabilization of its value somewhat subsiding the inflationary pressure in the economy.
“In exercise of the powers conferred by section 18D of the Customs Act, 1969 (IV of 1969), the Federal Government is pleased to impose processing fee at the rate of 10 percent ad valorem on the following Afghan transit Commercial goods imported into Afghanistan in transit via Pakistan,” said a customs department notification while listing down the items.
These included confectionaries and chocolates, footwear, mechanical and electrical machinery, blankets and home textiles, and garments.
Pakistan’s Dawn newspaper reported customs officials “suspect that certain goods, though destined for Afghanistan, are clandestinely rerouted back into Pakistan, prompting this latest measure.”
However, the official notification said goods declarations filed prior to the decision on Tuesday would be exempt from the processing fee.
Pakistan has also announced to crack down on illegal immigrants, mostly Afghans, residing in the country, asking them to leave before the end of the month.

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