PESHAWAR: The business community has expressed reservation on the imposition of infrastructure development tax on imported goods, saying the federal government was already taking this tax through transshipment permit on imported goods coming through Karachi Port.
In a meeting of Khyber Pakhtunkhwa Revenue Authority, the business community asked the provincial government to avoid double taxation as the business community is already facing multiple problems in import of goods from other countries.
The meeting was attended by Excise and Taxation Admin Director Mohammad Shoaib Khan, Excise and Taxation Revenue Director Silahdine, Customs Peshawar Deputy Collector Zakir Mohammad, and Senior Project Manager KPRA Iftikhar Ali.
On this occasion, the business community appraised KP Excise, Taxation and Narcotics Control Director General Mohammad Nasir regarding the process of double taxation after imposition of infrastructure development tax. The traders said that 70 percent imported goods already being supplied via Chabahar port of Iran to Afghanistan and coming through Afghan Transit Trade route.
He said that business community already paying heavy taxes in various form under transshipment via Karachi Port which include infrastructure tax and now the double taxation will further aggravate the situation and will created problems for importers.
