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Home Islamabad

Fabric importers facing hardships due to IDP’s policies

byTariq Derya
18/05/2018
in Islamabad, Latest News
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ISLAMABAD: The importers of foreign-origin fabric who are using Islamabad Dry Port (IDP) have shifted their business to other customs stations due to uncomfortable policies and unfriendly atmosphere of IDP administration.

Sources of Customs Collectorate said that due to policies, the importers of various kind of imported fabric are shifting their businesses from Islamabad dry port to other Customs stations like Peshawar dry port etc.

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The sources further said that within current scenario the consignments comprises only old and new spare parts are arriving at IDP while fabric imports business has been almost abolished.

The sources informed the scribe that IDP has assigned less revenue target with amount of Rs373.90 million under head of Customs Duty (CD) for month of May FY17-18 against same period of correspondence FY16-17. They added that IDP was assigned Rs381.439 million revenue target for May FY16-17, which means that IDP assigned Rs8 million less revenue target for current month against same correspondence period.

The sources said that IDP has assigned Rs102.967 million of revenue collection target under head of customs duty during initial 15 days of May FY15-16 which showed that IDP have to earned Rs270.933 million of revenue during next 15 days of current month. Whereas the sources added that it is hard to meet the assigned revenue target for month of May FY17-18 under CD because very few of consignments came at IDP.

Sources said that one consignments of BMW car is arrived at IDP Islamabad which will contribute duty taxes in worth of Rs13.3 million whereas the gap between collection up to 15th May against the assigned target under the head of CD is still have a vast gap.

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