Traders demand withdrawal 800 pc additional valuations
LAHORE: The Readymade Garments Association (RGA) Lahore Pakistan office bearers Saturday said that at least 300 containers of garment articles are standing un-cleared at the Karachi and Lahore dry ports due to 800 percent additional valuation duty and demands withdrawal of additional valuation duty immediately.
The leaders and workers of the Lahore Readymade Garments Association (LRGA) made these demands and sought withdrawal of imposition of what they called, unlawful 800 percent valuation tax on readymade garments, at a press conference at the Lahore Press Club.
Haji Muhammad Hanif, Sheikh Abid Ali, Rizwan Haider, Ikhlaque Ajmeri, Rizwan Tawaf and others were present at the conference at the Lahore Press Club.
Chanting slogans against the government they demanded to withdraw it with immediate effect as since 25th of the July, they have not been able to get their orders cleared from Lahore and Karachi ports due to the illegal valuation.
They said that the traders have been conducting their business in the challenging economic conditions in the country in the absence of electricity, gas and other uneven condition.
They said that a large number of capital has been shifted from the country to the other countries and the remaining few are mulling to follow the suit at the cost of Pakistani economy.
It was said that if traders and industrialists shifted their business unemployment and poverty will become explosive which would pose the country irreparable losses.
They added if the government does not take notice of such atrocities they traders would be compelled to quit the businesses which would be a severe blow to the economy of the country.
Later, at Lahore Press Club, at a news conference the LRGA leaders requested the Prime Minister Nawaz Sharif to take notice of the valuation and order its immediate withdrawal otherwise they would take to streets again.
