AIRLINK 76.98 Decreased By ▼ -0.86 (-1.1%)
BOP 4.87 No Change ▼ 0.00 (0%)
CNERGY 4.22 Decreased By ▼ -0.06 (-1.4%)
DFML 41.79 Decreased By ▼ -3.21 (-7.13%)
DGKC 84.73 Decreased By ▼ -1.24 (-1.44%)
FCCL 22.39 Decreased By ▼ -0.06 (-0.27%)
FFBL 31.45 Decreased By ▼ -0.55 (-1.72%)
FFL 9.35 Decreased By ▼ -0.15 (-1.58%)
GGL 10.16 Increased By ▲ 0.07 (0.69%)
HASCOL 6.41 Decreased By ▼ -0.14 (-2.14%)
HBL 108.60 Decreased By ▼ -3.40 (-3.04%)
HUBC 140.49 Decreased By ▼ -0.71 (-0.5%)
HUMNL 10.52 Decreased By ▼ -0.45 (-4.1%)
KEL 4.85 No Change ▼ 0.00 (0%)
KOSM 4.23 Decreased By ▼ -0.12 (-2.76%)
MLCF 37.69 Decreased By ▼ -0.56 (-1.46%)
OGDC 126.64 Decreased By ▼ -2.25 (-1.75%)
PAEL 25.03 Decreased By ▼ -0.48 (-1.88%)
PIBTL 6.26 Decreased By ▼ -0.10 (-1.57%)
PPL 116.29 Decreased By ▼ -1.21 (-1.03%)
PRL 25.74 Decreased By ▼ -0.06 (-0.23%)
PTC 13.60 Decreased By ▼ -0.14 (-1.02%)
SEARL 56.59 Decreased By ▼ -0.50 (-0.88%)
SNGP 63.20 Decreased By ▼ -1.79 (-2.75%)
SSGC 9.98 Decreased By ▼ -0.02 (-0.2%)
TELE 8.00 Decreased By ▼ -0.12 (-1.48%)
TPLP 10.14 Decreased By ▼ -0.21 (-2.03%)
TRG 66.02 Increased By ▲ 0.78 (1.2%)
UNITY 26.83 Decreased By ▼ -0.02 (-0.07%)
WTL 1.33 Decreased By ▼ -0.01 (-0.75%)
BR100 7,773 Decreased By -61.6 (-0.79%)
BR30 24,963 Decreased By -281.2 (-1.11%)
KSE100 74,219 Decreased By -447.2 (-0.6%)
KSE30 23,779 Decreased By -139.4 (-0.58%)
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.