AVN 65.31 Decreased By ▼ -0.86 (-1.3%)
BAFL 30.25 No Change ▼ 0.00 (0%)
BOP 4.63 Decreased By ▼ -0.10 (-2.11%)
CNERGY 3.89 Decreased By ▼ -0.12 (-2.99%)
DFML 13.50 Decreased By ▼ -0.60 (-4.26%)
DGKC 42.15 Decreased By ▼ -1.54 (-3.52%)
EPCL 46.13 Increased By ▲ 1.48 (3.31%)
FCCL 11.45 Decreased By ▼ -0.38 (-3.21%)
FFL 5.19 Increased By ▲ 0.22 (4.43%)
FLYNG 5.82 Decreased By ▼ -0.28 (-4.59%)
GGL 10.04 Decreased By ▼ -0.34 (-3.28%)
HUBC 63.21 Increased By ▲ 0.91 (1.46%)
HUMNL 5.73 Decreased By ▼ -0.12 (-2.05%)
KAPCO 27.81 Increased By ▲ 0.26 (0.94%)
KEL 2.15 Decreased By ▼ -0.06 (-2.71%)
LOTCHEM 25.37 Decreased By ▼ -1.23 (-4.62%)
MLCF 21.65 Decreased By ▼ -0.87 (-3.86%)
NETSOL 84.95 Decreased By ▼ -1.25 (-1.45%)
OGDC 86.64 Increased By ▲ 0.37 (0.43%)
PAEL 10.96 Decreased By ▼ -0.31 (-2.75%)
PIBTL 4.21 Decreased By ▼ -0.07 (-1.64%)
PPL 78.65 Decreased By ▼ -1.43 (-1.79%)
PRL 13.61 Decreased By ▼ -0.05 (-0.37%)
SILK 0.88 Decreased By ▼ -0.02 (-2.22%)
SNGP 41.00 Decreased By ▼ -0.75 (-1.8%)
TELE 6.01 Decreased By ▼ -0.20 (-3.22%)
TPLP 16.02 Decreased By ▼ -0.25 (-1.54%)
TRG 111.89 Decreased By ▼ -0.66 (-0.59%)
UNITY 14.01 Decreased By ▼ -0.34 (-2.37%)
WTL 1.14 Decreased By ▼ -0.06 (-5%)
BR100 4,026 Decreased By -48.6 (-1.19%)
BR30 14,402 Decreased By -123 (-0.85%)
KSE100 40,451 Decreased By -396 (-0.97%)
KSE30 15,110 Decreased By -101.7 (-0.67%)
Follow us

KARACHI: Collector for Customs Appraisement at Port Qasim Muhammad Jameel Nasir has said that efforts are being made to facilitate the business community by improving the Customs system, while the single-window system will solve many problems on its own.

Speaking at a meeting of the Korangi Association of Trade and Industry (KATI), he said that he always supports the business community in solving customs problems; most of the importers and exporters are doing business honestly, but due to negligence and wrongdoing of a few people one has to be careful.

He said that the collector cannot monitor every shipment, but in case of any problem the business community can contact him directly.

He said that “it is our responsibility to work under the rules and regulations; we are not policymakers, but if KATI submits its suggestions to the Ministry of Commerce, we will fully support it”.

He said our job is to provide facilities for trade, even the modern and developed countries of the world cannot solve 100 percent of the problems, but we try our best to solve them immediately.

President KATI Faraz-ur-Rehman said that the detention charges and the illegal profits of the shipping companies have increased the problems and affected importers and exporters, massively.

Shipping companies have increased the demurrage and detention charges to $125 per day, causing customs and other problems.

He said that the research and development department in KATI is very active; we are preparing various proposals which will be presented to the Ministry of Commerce, to solve most of the problems that arise between Customs and the business community. He said that banks are facing difficulty in understanding PSW, which we have pointed out. The system of customs clearance is very active.

However, if the luxury item has been allowed by the government, preference should be given to choosing the “Remittance not involved” option so that the valuable foreign exchange can be saved.

Faraz-ur-Rehman said that the role of KATI is very important in national economy; the majority of taxpayers in Pakistan belong to KATI.

Former President and Standing Committee Chairman Masood Naqi said that the customs system is very effective, but there are problems in PSW, 84 and 85. He said that according to the rules and regulations, long time is wasted in solving some problems which are not violations. He said that there is a possibility of a decrease in imports and exports this year, if the customs issues are resolved quickly, trade can be promoted.

Senior Vice President KATI Nighat Awan, Vice President Muslim Mohamedi, Former Presidents Masood Naqi and Ehteshamuddin, Additional Collectors Customs Port Qasim, Muhammad Haris Ansari, Haroon Waqar Malik and other officials and members were also present on this occasion.

Copyright Business Recorder, 2022


Comments are closed.

Efforts are being made to improve Customs system: collector

Suddenly, ailing SOEs come under PDM govt’s focus

At least 41 killed as passenger coach falls into ravine in Lasbela

6.3 magnitude earthquake jolts Islamabad, surrounding areas

LPG hits historic high of Rs300/kg: LPGA demands setting up of probe commission

Ten children killed in northwest Pakistan boat capsize

50pc duty imposed on import of ‘Mild Hybrid Vehicles’

Pakistan expresses interest in possibility of currency swap with Russia

Al-Nahyan due tomorrow to discuss trade, investment

Blinken heads to Middle East as violence erupts

Flood-hit areas: Rs8.39bn subsidy to be provided to farmers