AGL 38.16 Decreased By ▼ -0.06 (-0.16%)
AIRLINK 134.19 Increased By ▲ 5.22 (4.05%)
BOP 8.85 Increased By ▲ 1.00 (12.74%)
CNERGY 4.69 Increased By ▲ 0.03 (0.64%)
DCL 8.67 Increased By ▲ 0.35 (4.21%)
DFML 39.78 Increased By ▲ 0.84 (2.16%)
DGKC 85.15 Increased By ▲ 3.21 (3.92%)
FCCL 34.90 Increased By ▲ 1.48 (4.43%)
FFBL 75.60 Decreased By ▼ -0.11 (-0.15%)
FFL 12.74 Decreased By ▼ -0.08 (-0.62%)
HUBC 109.45 Decreased By ▼ -0.91 (-0.82%)
HUMNL 14.10 Increased By ▲ 0.09 (0.64%)
KEL 5.40 Increased By ▲ 0.25 (4.85%)
KOSM 7.75 Increased By ▲ 0.08 (1.04%)
MLCF 41.37 Increased By ▲ 1.57 (3.94%)
NBP 69.70 Decreased By ▼ -2.62 (-3.62%)
OGDC 193.62 Increased By ▲ 5.33 (2.83%)
PAEL 26.21 Increased By ▲ 0.58 (2.26%)
PIBTL 7.42 Increased By ▲ 0.05 (0.68%)
PPL 163.85 Increased By ▲ 11.18 (7.32%)
PRL 26.36 Increased By ▲ 0.97 (3.82%)
PTC 19.47 Increased By ▲ 1.77 (10%)
SEARL 84.40 Increased By ▲ 1.98 (2.4%)
TELE 7.99 Increased By ▲ 0.40 (5.27%)
TOMCL 34.05 Increased By ▲ 1.48 (4.54%)
TPLP 8.72 Increased By ▲ 0.30 (3.56%)
TREET 17.18 Increased By ▲ 0.40 (2.38%)
TRG 61.00 Increased By ▲ 4.96 (8.85%)
UNITY 28.96 Increased By ▲ 0.18 (0.63%)
WTL 1.37 Increased By ▲ 0.02 (1.48%)
BR100 10,776 Increased By 117.2 (1.1%)
BR30 32,234 Increased By 902.8 (2.88%)
KSE100 100,083 Increased By 813.5 (0.82%)
KSE30 31,193 Increased By 160.9 (0.52%)

An indefinite strike has started at the dry ports of Punjab against the levy of 0.9 pc duty on import consignments by the Punjab Revenue Authority. They described it unjust and demanded uniformed taxation in all provinces. Talking to media men here, MDPT chairman Muhammad Ahmed Chughtai said that the decision to observe strike was taken at a meeting held at Faisalabad under chairmanship Mukhtar Ahmad Sheikh which was attended by the chairmen and officials of the Multan Dry Port, Sialkot Dry Port, Faisalabad Dry Port and All Pakistan Customs Clearing Agents Association.
He said that the meeting unanimously decided that the dry ports of Faisalabad, Lahore, Multan and Sialkot would observe complete strike in case the government did not withdraw duty on import consignments, the strike would continue for indefinite period. He expressed his concern over levy of 0.9pc duty on import consignments by the Punjab government and said that it would have negative impacts of this unilateral decision of the Punjab government, which would tantamount to annihilate the import business at dry ports, he informed. Ahmed Chughtai said that industrial sector was already in deep crisis and this new levy would further aggravate the situation. He demanded the government withdraw from the decision immediately to save this sector.

Copyright Business Recorder, 2016

Comments

Comments are closed.