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

Finance minister discusses REITs growth with stakeholders

02/05/2026

PM Shehbaz engages Bilal Bin Saqib on future of digital finance

02/05/2026

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

Finance minister discusses REITs growth with stakeholders

byCT Report
02/05/2026

ISLAMABAD:Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb on Saturday chaired a virtual meeting of the Focus Group to...

PM Shehbaz engages Bilal Bin Saqib on future of digital finance

byCT Report
02/05/2026

LAHORE: Prime Minister Shehbaz Sharif held a meeting with Chairman of the Pakistan Virtual Assets Regulatory Authority (PVARA) Bilal Bin...

CM’s advisor Ali Mustafa Dar unveils AI governance plan

byCT Report
02/05/2026

RAWALPINDI: Advisor to the Chief Minister of Punjab on Artificial Intelligence and Special Initiatives, Ali Mustafa Dar, has announced that...

Pakistan’s inflation hits two-year high at 10.9pc in April

byCT Report
02/05/2026

ISLAMABAD: Pakistan’s inflation surged to a near two-year high of 10.9% in April, driven by rising fuel prices, global supply...

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.