AGL 38.54 Increased By ▲ 0.97 (2.58%)
AIRLINK 129.50 Decreased By ▼ -3.00 (-2.26%)
BOP 5.61 Decreased By ▼ -0.03 (-0.53%)
CNERGY 3.86 Increased By ▲ 0.09 (2.39%)
DCL 8.73 Decreased By ▼ -0.14 (-1.58%)
DFML 41.76 Increased By ▲ 0.76 (1.85%)
DGKC 88.30 Decreased By ▼ -1.86 (-2.06%)
FCCL 35.00 Decreased By ▼ -0.08 (-0.23%)
FFBL 67.35 Increased By ▲ 0.85 (1.28%)
FFL 10.61 Increased By ▲ 0.46 (4.53%)
HUBC 108.76 Increased By ▲ 2.36 (2.22%)
HUMNL 14.66 Increased By ▲ 1.26 (9.4%)
KEL 4.75 Decreased By ▼ -0.11 (-2.26%)
KOSM 6.95 Increased By ▲ 0.10 (1.46%)
MLCF 41.65 Decreased By ▼ -0.15 (-0.36%)
NBP 59.60 Increased By ▲ 1.02 (1.74%)
OGDC 183.00 Increased By ▲ 1.75 (0.97%)
PAEL 26.25 Increased By ▲ 0.55 (2.14%)
PIBTL 5.97 Increased By ▲ 0.14 (2.4%)
PPL 146.70 Decreased By ▼ -1.70 (-1.15%)
PRL 23.61 Increased By ▲ 0.39 (1.68%)
PTC 16.56 Increased By ▲ 1.32 (8.66%)
SEARL 68.30 Decreased By ▼ -0.49 (-0.71%)
TELE 7.23 Decreased By ▼ -0.01 (-0.14%)
TOMCL 35.95 Decreased By ▼ -0.05 (-0.14%)
TPLP 7.85 Increased By ▲ 0.45 (6.08%)
TREET 14.20 Decreased By ▼ -0.04 (-0.28%)
TRG 50.45 Decreased By ▼ -0.40 (-0.79%)
UNITY 26.75 Increased By ▲ 0.35 (1.33%)
WTL 1.21 No Change ▼ 0.00 (0%)
BR100 9,806 Increased By 37.8 (0.39%)
BR30 29,678 Increased By 278.1 (0.95%)
KSE100 92,304 Increased By 366.3 (0.4%)
KSE30 28,840 Increased By 96.6 (0.34%)
Pakistan Print 2020-03-24

Relief in port charges sought

The Chairman of the Standing Committee on Customs of the Federation of Pakistan Chambers of Commerce and Industry (FPCCI), Shabbir Mansha Churra, who is also the Founder Chairman of Pakistan Artificial Leather Imports and Merchants Association (PALIMA), h
Published 24 Mar, 2020 12:00am

The Chairman of the Standing Committee on Customs of the Federation of Pakistan Chambers of Commerce and Industry (FPCCI), Shabbir Mansha Churra, who is also the Founder Chairman of Pakistan Artificial Leather Imports and Merchants Association (PALIMA), has urged the government to provide relief in port charges in view of the emergency situation and lockdown.
He urged the government to defer port charges and late duty payment fines until the country overcame the emergency situation created by the coronavirus.
"The goods arriving at the ports have to pay duty within 10 days, but due to the lockdown, the importers are unable to pay the duty on time, and they have to pay a daily fine which may be as much as Rs 100,000," he said.
He requested the government to defer late duty fines and waive off charges on account of demurrage and detention charges at ports for at least one month.
Shabbir Mansha Churra also urged the government to announce a 90-day extension in the filing of sales tax and WHT, saying that due to the coronavirus, an emergency under Force Majeure clause had been declared worldwide.
According to the international law, after the implementation of this clause, all agreements and taxes are deferred to provide relief in difficult conditions.

Copyright Business Recorder, 2020

Comments

Comments are closed.