Smuggling of tiles hits local industry
KARACHI: Imported, smuggled and under-invoiced tiles have captured 35-40 per cent of the market with Chinese and Iranian tiles easily available across the country. The heavy influx of smuggled Iranian tiles has not only compelled many local manufacturers to reduce their production, but also caused massive revenue losses to the national kitty. A spokesperson of Pakistan Ceramics Manufacturers Association told Dawn on Saturday that these tiles were getting clearance from Balochistan at undervalued prices as low as $0.06 (Rs7) per square metre on payment of taxes (duty, sales tax, income tax) of Rs6 per square metre. While a locally-produced ceramic tile on an average pays Rs100 per square metre in sales tax. He said over a million metres of Iranian tiles were imported/cleared in the last six to seven months at such low values.
http://www.dawn.com/news/1085838/smuggling-of-tiles-hits-local-industry
Related Posts
Portuguese police dismantle tobacco smuggling ring
LISBON, Dec. 18 (Xinhua) -- Portugal's National Republican Guard (GNR) police...
Police in Patra, on Wednesday detained three Pakistani nationals, aged 37, 33 and 15, believed to be members of a racket trading in contraband tobacco in the western port. Initially officers arrested the 37-year-old after
On the basis of a tip-off received by Excise Commissioner Rishiraj Singh, excise...
New Jersey Walmart Sells Woman Fake iPad
What’s worse than buying a fake iPad from Walmart? Having the store tell you...
NIA arrests man from Bengal in fake currency seizure case.
The National Investigation Agency (NIA) on Thursday arrested an absconding...

