Pakistan has imported items worth Rs 1.48 from March 1 to March 15 of the current fiscal year from India via Wagha border, while total tax to the tune of Rs 628.2 million was collected during the period.
As per the details available with Customs Today, Pakistan imported tomatoes, garlic, polyethylene, cotton and rolling machinery from India. Pakistan imported 3,709,901kg tomatoes worth Rs 173 million, while Rs 10.5 million was generated by getting income tax on the import.
On the other hand, garlic is also a big import from India and during the fifteen days of March, 755,188kg garlic was imported, while income tax collected from the import of garlic was Rs 4.73 million.
According to details, Pakistan imported 1,044,618kg fruits (HS code 709-6000) from India in 15 days, while Rs 3.79 million was generated as income tax on fruits.
Pakistan has imported 11,600 tonne soya and other relevant products from India worth Rs 613 million. The government collected Rs 3.22 million as sales tax, Rs 6.9 million as additional sales tax and Rs 25 million as income tax.
Pakistan imported polyethylene worth Rs 65 million, while the sales tax collected on poly ethylene was Rs 117.2 million, while Rs 1.6 million as income tax was also collected. Pakistan also imported carbon dioxide, machinery and a number of other items from India through Wagha border.
As a whole, on imports worth Rs 1.48 billion, Pakistan collected Rs 489 million as duty, Rs 74.3 million as sales tax and Rs 64.9 million as income tax.
Source:customstoday.com.pk
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