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

PFIA terms ban on imported goods as blow to honest taxpayers

byCT Report
21/05/2022
in Breaking News, Chambers & Associations, Latest News, Pakistan Chambers, Slider News
Share on FacebookShare on Twitter

LAHORE: Pakistan FMCG Importers Association (PFIA) terming the ban on imported goods as a blow to the honest taxpaying importers has urged the government to immediately withdraw SRO 598(1)/2022 promulgated recently.

The said SRO was landed on the importers like a bomb which would render hundreds of thousands of people attached with the import business jobless and deprive the government of precious money it generate in shape of taxes and duties on these imports.

You might also like

Zong & Zindigi launch Z-Wallet, bringing embedded banking to millions of My Zong App users

17/08/2026

Bilal Azhar Kayani reaffirms government’s commitment to cashless economy

17/08/2026

PFIA Chairman Anjum Nisar, Vice Chairman Muhammad Ejaz Tanveer and coordinator Karachi Mansab Abrar in a joint statement here on Friday said that this decision was one-sided and no consultation was held with the business community in import business. They said thousands of companies which were paying huge taxes would be forced to shut down their businesses. It would lead to rendering the people attached with it jobless and generating fear of hunger in their families.

They claimed this sector was the largest tax payer and it was also creating a healthy competitive environment between the imported goods and local goods as local manufacturers were compelled to follow the international standards and hygiene steps.

PFIA leaders said it seemed incumbent government has preferred smugglers on the legal importers as ban on these goods would promote smuggling. It will also further worsen the economic situation, they added.

They urged the government to immediately withdraw this SRO so as the business community could continue its working with peace of mind and dedication.

Related Stories

Zong & Zindigi launch Z-Wallet, bringing embedded banking to millions of My Zong App users

byCT Report
17/08/2026

ISLAMABAD: Zong, Pakistan’s leading technology services enterprise, has partnered with Zindigi, powered by JS Bank, to launch Z-Wallet, bringing regulated...

Bilal Azhar Kayani reaffirms government’s commitment to cashless economy

byCT Report
17/08/2026

ISLAMABAD: Minister of State for Railways and Finance Bilal Azhar Kayani, reaffirmed the Government of Pakistan’s commitment to advancing a...

Pakistan opens humanitarian lifeline, allows 724 relief trucks into Afghanistan

byCT Report
17/08/2026

ISLAMABAD: Pakistan has allowed 724 truckloads of humanitarian relief cargo to cross into Afghanistan through the Torkham border crossing in...

Sales tax chaos: Hybrid vehicle makers halt production

byCT Report
17/08/2026

ISLAMABAD: The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) has demanded an immediate rollback of the sales tax...

Next Post

Govt to present next fiscal year budget on June 10, 2022

  • 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.