ISLAMABAD: The government has rejected a proposal to impose duty on Indian imported items such as textile, agriculture, automobiles, footwear. This step was being taken to decrease Indian imports in the country.
Sources told Customs Today that a meeting was held presided over by Federal Minister for Commerce Khurram Dastigar Khan in which Federal Finance Minister Ishaq Dar and Advisor to Prime Minister on Revenue Haroon Akhtar Khan and Chairman FBR Tariq Bajwa were also present.
During this meeting, some proposals were discussed to decrease Indian, and Ryan imports from China while on the other hand duty should be enhanced on these imports. But when these proposals were forwarded to Prime Minister, he immediately called a meeting.
It was decided during this meeting that it is not easy task to impose duty on Indian imported items as Pakistan is a signatory of SAFTA with India and if Pakistan will levy duty on Indian items then India will definitely impose RD on Pakistani items.
After this, the Ministry of Commerce rejected proposal to impose any kind of duty on Indian goods, as the government is not interested in low trade volume with India.
