What's new

Pakistan considers imposing tax on Nato supply trucks

^^You are confusing transit trade tax with with import duty levied on a country's imports.

Import duty is(will be) much higher than any transit tax eg ..If a car is imported into the country ..the import duty levied on it is 149% of the Car's actual price..however transit tax is levied on goods per tonne and not actual price of the item..so there is no way on earth the imposition of transit duty will bring the prices equal to dutiable imports ..hence price advantage will still be there..So whats next??
 
.
Govt earns Rs 136.8m from NATO supplies’


ISLAMABAD: The Senate Standing Committee on Ports and Shipping on Tuesday was informed that the government has received Rs 136.8 million as income received from NATO from July 2008 to March 2011 through Qasim International Container Terminal (QICT).

The committee met under the chairperson Gulshan Saeed termed it as a peanut to Pakistan. They said the NATO supplies (containers) destroyed most of Khyber Pakhtunkhwa and other national and regional highways and in return the government received very less amount.

The break-up of Rs 136.8 million is: Port Dues Rs 21.60 million, Wharfage Rs 4.68 million, royalty Rs 2.52 million and storage Rs 108 million. The committee also told that the QICT charged Rs 410 per container of NATO goods. Chairperson of the committee informed the committee that NATO officials claimed that they have pay more than this amount. Secretary Ports and Shipping Muhammad Saleem Khan informed the committee that government fix the price of containers keeping in view the charges in regional countries ports. The prime minister also instructed to reduce the container charges, currently Rs 410 per container so as to reduce the cost of doing business, he added. He said the business community has said the cost of doing business is very high in Pakistan. The container charges were determined keeping in view export/import of the country and not only for NATO supplies.

The committee was of the view to hold another meeting and invited ministries of commerce, communication, defence, ports and shipping to discuss in detail the price charged from NATO supply. The committee will also discuss the supply of containers for Afghan Transit Trade through Pakistan. The committee was also briefed about allotments of plots in Port Qasim Authority (PQA) in each colony, distribution mechanism, sale price and other related issues. Chairman PQA Muhammad Shafi said there was only one colony named Gulshan-e-Banzir Township Scheme, which is meant for PQA employees only. ijaz kakakhel



Source: Daily Times - Leading News Resource of Pakistan
 
.

Pakistan Defence Latest Posts

Pakistan Affairs Latest Posts

Back
Top Bottom