Customs Today
  • Home
  • Islamabad
  • Karachi
  • Lahore
  • National
  • Transfers and Postings
  • Chambers & Associations
  • Business
No Result
View All Result
Customs Today
  • Home
  • Islamabad
  • Karachi
  • Lahore
  • National
  • Transfers and Postings
  • Chambers & Associations
  • Business
No Result
View All Result
Customs Today
No Result
View All Result
Home Breaking News

Lahore roads blockade causes Rs60m loss to traders

byM Hayat
18/08/2014
in Breaking News, Lahore, Latest News, Pakistan Chambers, Trade Associations
Share on FacebookShare on Twitter

LAHORE: Importers and exporters have suffered losses of millions of rupees as government confiscated containers full of different perishable goods to block the roads across the country.

The Lahore Clearing Agents Association president Agha Iftikhar said that now after one week of containers confiscation the commodities have been rotten and no one will ready to bear the damages. “Traders of Lahore have suffered about Rs60 million losses due to the government’s confiscation of more than 500 containers filled with perishable goods’” he added.

You might also like

Saudi Arabia, Qatar to provide $5b financial assistance to Pakistan: Turkish media

13/04/2026

Govt seeks proposal to cut GST on dairy products to 10pc

13/04/2026

Agha Iftikhar told Customs Today that leakage of one container of ghee could cost Rs7.5 million including all taxes and transportation charges.

“Every SHO was tasked to confiscate 10 to 15 containers in the city”, he said adding that the exporters had to lift their containers from the roads to avert damages after the massive mob movement.

The Lahore Chamber of Commerce and Industry (LCCI) vice president Kashif Anwar said that no doubt the business community had suffered heavy losses in this episode of political instability but the government was doing so to ensure peace in the country.

LCCI president Sohail Lashari said that a large number of containers were filled with sensitive material and could release dangerous gases harmful for the human beings. He suggested that the authorities should first take safety measures to avoid any unpleasant incident.

Tags: Agha IftikharANFbrecorderChief Collector Enforcement SouthChief Collector-Appraisement (South)Collectorate of PreventiveCommerce MinistryCurrency ConverterCustomCustoms Clearing AgentsCustoms dutyCustoms I&ICustoms Intelligence and InvestigationCustoms TariffCustoms TodayCustoms TribunalExport Automated SystemFBRFBR ChairmanFinance Ministryfreight forwardersFTOKashif AnwarLahore Chamber of Commerce and IndustryLahore Clearing Agents AssociationLCCIMember CustomsMember LegalNisar MuhammadPakistan Custom’sPakistan rupee exchange ratePorts and Shippingpost clearance auditPresidentRebate claimSales Tax registrationSohail LashariTariq BajwaValuation RulingVice Presidentwithholding taxwithholding tax forms

Related Stories

Saudi Arabia, Qatar to provide $5b financial assistance to Pakistan: Turkish media

byCT Report
13/04/2026

RIYADH: Saudi Arabia and Qatar will provide Pakistan $5 billion in financial assistance, enabling Islamabad to avert stress on the...

Govt seeks proposal to cut GST on dairy products to 10pc

byCT Report
13/04/2026

LAHORE: Federal Minister for Commerce Jam Kamal Khan has directed the Pakistan Dairy Association to submit proposals for reducing general...

KPRA collects Rs38.8b in Jul–Mar, sales tax on services rises 21pc

byCT Report
13/04/2026

PESHAWAR: Khyber Pakhtunkhwa Revenue Authority (KPRA) recorded a 21% increase in sales tax on services during the first nine months...

Fitch affirms Pakistan’s ‘B-‘ rating with stable outlook

byCT Report
13/04/2026

ISLAMABAD: Fitch Ratings has reaffirmed Pakistan’s long-term foreign currency rating at ‘B-’ with a stable outlook, pointing to progress in...

Next Post

Customs seeks early hearing of valuation guideline cases: Collector

  • Terms and Conditions
  • Disclaimer

© 2011 Customs Today -World's first newspaper on customs. Customs Today.

No Result
View All Result
  • Transfers and Postings
  • Latest News
  • Karachi
  • Islamabad
  • Lahore
  • National
  • Chambers & Associations
  • Business
  • About Us

© 2011 Customs Today -World's first newspaper on customs. Customs Today.