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FPCCI demands to waive-off additional duty & panel surcharge on warehoused of goods

FPCCI demands to waive-off additional duty & panel surcharge on warehoused of goods

KARACHI: 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 demanded Govt to waive-off the levy of one percent (1%) additional duty as surcharge on warehoused of goods.

In a statement, Shabbir Mansha Churra said that the economic activities are badly affected by the outbreak of COVID-19 pandemic and current situation of lockdown.  The strict measures taken by the various national institutions have halted day to day business affairs including clearance of goods from ports. The traders are unable to clear their consignments due to this financial crunch.

“To save trade & industry, Govt should waive-off the levy of one percent additional duty as surcharge on warehoused of goods and the penal surcharge on overstayed goods payable till 30th June 2020”, He demanded.

Shabbir Mansha Churra also requested to extend warehousing period till 30th June 2020 for such goods which are already kept in warehouses.

“Due to panel surcharge, goods are in warehouse for several months, hence waive-off these surcharge, so that traders could be relief during this difficult time”, he added.