Due to the Afghan transit trade, it has been revealed that the national treasury has lost more than 185 billion rupees annually.
According to sources, the federal government has decided to ban the import of luxury items through Afghan transit trade, after consulting the apex committee of the Special Investment Facilitation Council.
According to the sources, it has been decided to ban the import of various items including tires, fabrics, cosmetics and tiles.
According to the sources, the volume of Afghan transit trade increased by 2.5 billion dollars to 6.71 billion dollars in just one year. Ban or increase duties on the same goods being imported in transit trade.
Sources have revealed that due to low duty in Afghanistan, most of the goods are smuggled and sold in Pakistan.
Sources also say that in this regard, Ministry of Commerce has recommended to take revolving insurance and bank guarantee on 100% value of goods, FBR has also been recommended to impose 10% processing fee on Afghan transit trade. .
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