AGL 38.10 Decreased By ▼ -0.06 (-0.16%)
AIRLINK 136.75 Increased By ▲ 2.56 (1.91%)
BOP 9.22 Increased By ▲ 0.37 (4.18%)
CNERGY 4.75 Increased By ▲ 0.06 (1.28%)
DCL 8.83 Increased By ▲ 0.16 (1.85%)
DFML 38.44 Decreased By ▼ -1.34 (-3.37%)
DGKC 85.40 Increased By ▲ 0.25 (0.29%)
FCCL 35.35 Increased By ▲ 0.45 (1.29%)
FFBL 76.99 Increased By ▲ 1.39 (1.84%)
FFL 12.70 Decreased By ▼ -0.04 (-0.31%)
HUBC 108.79 Decreased By ▼ -0.66 (-0.6%)
HUMNL 14.74 Increased By ▲ 0.64 (4.54%)
KEL 5.55 Increased By ▲ 0.15 (2.78%)
KOSM 8.05 Increased By ▲ 0.30 (3.87%)
MLCF 40.70 Decreased By ▼ -0.67 (-1.62%)
NBP 71.40 Increased By ▲ 1.70 (2.44%)
OGDC 194.75 Increased By ▲ 1.13 (0.58%)
PAEL 27.00 Increased By ▲ 0.79 (3.01%)
PIBTL 7.48 Increased By ▲ 0.06 (0.81%)
PPL 167.95 Increased By ▲ 4.10 (2.5%)
PRL 26.25 Decreased By ▼ -0.11 (-0.42%)
PTC 20.40 Increased By ▲ 0.93 (4.78%)
SEARL 92.84 Increased By ▲ 8.44 (10%)
TELE 7.89 Decreased By ▼ -0.10 (-1.25%)
TOMCL 35.32 Increased By ▲ 1.27 (3.73%)
TPLP 8.98 Increased By ▲ 0.26 (2.98%)
TREET 17.34 Increased By ▲ 0.16 (0.93%)
TRG 59.50 Decreased By ▼ -1.50 (-2.46%)
UNITY 31.00 Increased By ▲ 2.04 (7.04%)
WTL 1.39 Increased By ▲ 0.02 (1.46%)
BR100 10,895 Increased By 118.9 (1.1%)
BR30 32,660 Increased By 426.2 (1.32%)
KSE100 101,357 Increased By 1274.6 (1.27%)
KSE30 31,488 Increased By 295 (0.95%)

A joint meeting of Karachi Chamber of Commerce and Industry (KCCI) and Karachi Customs Agents Association (KCAA) has expressed concern over the reported move of Federal Board of Revenue's (FBR) to roll back the Pakistan Automated Customs Computerised System (PaCCS).
In a press release issued here on Wednesday they emphasised that this would severely hamper business activities and result in delay in clearance and financial losses to importers in the form of demurrage and detention charges.
They urged that arbitrary actions should be stopped and no change amendments should be made without consultations with stakeholders and trade bodies. They recommended that instead of discontinuing with PaCCS system, problems and difficulties in the system, if any, be examined and removed.
They unanimously decided that unilateral decisions would not be accepted. All the stakeholders and trade bodies should be consulted and taken on board before issuing any notification/ruling/guidelines in this connection. It was further decided that IGM index should be optional for all and should be available on website and importers should be free to file GD either in PaCCS area or non-PaCCS areas.
Vice-Chairman of Businessmen Group and former President, KCCI, Haroon Farooki, acting President, KCCI, Rasheeduddin Rashid, Vice-President, KCCI, Javed Ahmed Vohra and managing committee of KCCI welcomed and applauded the President of KCAA, Saifullah Khan for cooperation and struggle for business community.-PR

Copyright Business Recorder, 2010

Comments

Comments are closed.