Wednesday 18 February 2015

Pakistan Imports Items Worth Rs 2.12B From India Via Wagha Border, Rs241.7M Tax Collected

Pakistan has imported items worth Rs 2.12 billion during the first half of February 2015 from India via Wagha Border, while total tax of almost Rs 241.7 million was collected during the said period.


As per detail, Pakistan imported tomatoes, garlic, polyethylene, ginger, cotton yarn, machinery etc from India during first half of February 2015. Pakistan imported 6290394 kg tomatoes worth Rs 291 million, while Rs 17.2 million was generated by getting Income Tax on tomatoes import. On the other hand, garlic 84198 kg, worth Rs 8.6 million was imported and income tax on garlic remained Rs 0.5 million.


Documents show that Pakistan imported 25358 kg fruits (H.S Code 709-6000) from India worth Rs 1.9 million, while the Rs 0.1 million as duty tax and income tax Rs 0.12 million was collected. Ginger worth Rs 100 million was imported; however duty tax Rs 14.9 million and Income Tax Rs 6.8 million was collected.


Pakistan imported vegetable of H.S Code 709-9900 worth Rs 8.8 million and Rs 0.4 million was collected as duty tax and Rs 0.15 million as income taxes. Besides, vegetables like cucumbers, beans, carrots, radishes and other vegetables were also imported.


Pakistan also imported soya bean worth Rs 994 million during first half of February, while duty tax Rs 49 million, sales tax Rs 52 million, additional sales tax Rs 1.3 million and income tax Rs 23 million were collected by Pakistan Customs.


As per detail, Pakistan has imported polyethylene of Rs 174.5 million, while the customs collected Rs 8.6 million as duty tax, Rs 31 million as sales tax and Rs 4 million as income tax. Similarly, polypropylene worth Rs 59 million was imported; while total tax almost Rs 15 million was collected on polypropylene import.


Besides that, Pakistan also imported cotton yarn worth Rs 40.9 million; cotton not combed Worth Rs 431 million and non-woven worth Rs 1 million from India via Wagha border and machinery worth Rs 4.5 million


As a whole, Pakistan import stands at Rs 2.12 billion from India via Wagha Border and total collected tax remained Rs 241.7 million.


Source:- customstoday.com.pk





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