LAHORE: All Pakistan Dry Fruit Importers and Exporters Association Chairman Haji Fojan Khan urged the director general Customs Valuation to take in to confidence to the association while revising valuation of the dry fruits.
Talking to Customs Today Haji Fojan Khan said that in Baluchistan, trade land route import and exports play important role and the association motivated the traders and the government also extended 55 percent discount.
He said that during the period trader was promoted to a significant level but recently valuation rulings were given without consulting the stakeholders that discouraged the import and export.
He said that black paper was an important import item but due to the uneven valuation rulings the traders who have been importing over 1472 metric tons are now facing huge losses due to the fluctuations in valuation rulings.
He added that black paper was being cleared on $ 2150 per metric ton have been raised to $4300 suddenly due to which many importers of black papers are facing extensive hardships.
Fojan urged the director general Valuation to refund the excessive valuation tax to the importers of black paper who got their paper cleared on $4300 instead of $2150.
He further asked the DG Valuation to set the valuation rulings for black paper at the appropriate level of $2150.
He said that the most of the association’s members have faced the loss which is unbearable and if their demands are not accepted they would have to move court as a last resort.
