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
300 liquor bottles seized after surprise inspection
The UT excise department has seized 300 bottles of illicit liquor during a...
Illegal tobacco seized in Gateshead shops thanks to sniffer dogs Finn and Gunner
Sniffer dogs have been used in searches for illegal cigarettes in some Tyneside...
21 kg gold, other items worth Rs 13.80 cr seized at Mumbai airport in 1 week; 9 passengers held
The Customs department has seized 20.95 kg of gold valued Rs 13.57 crore and Rs...
6 arrested for black marketing of Remdesivir in Madhya Pradesh
In another case, three people were arrested the same day in Shahdol including a...