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 Pakistan imports Rs 2.88 billion goods from India in 15 days

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PostSubject: Pakistan imports Rs 2.88 billion goods from India in 15 days   Tue 16 Dec 2014, 1:07 pm

LAHORE: Pakistan has imported items worth Rs 2.88 billion during 28 November-12 December of current fiscal year from India via Wahga border, while total taxes worth Rs 354 million were collected during the period.
As per details, Pakistan imported tomatoes, garlic, polyethylene, cotton and machinery from India.
Pakistan imported 11,312,313 kg of tomatoes worth Rs 526 million, while Rs 31 million generated by getting income tax on the import. On the other hand, 184,834 kg of garlic worth Rs 19 million was imported and income tax remained Rs 1.1 million.
Documents show that Pakistan imported 371,099 kg of fruits (H.S Code 709-6000) from India worth Rs 21 million, while the Rs 1 million as duty tax and income tax Rs 1.3 million was collected. Ginger worth Rs 155 million was imported; however duty tax Rs 23 million and Income Tax Rs 10 million was collected.
Pakistan imported peas worth Rs 390 million and Rs 43 million duty and income tax was collected.
Pakistan imported polyethylene worth Rs 30 million, while the customs duty collected was Rs 1.3 million, Rs 4.8 million sales tax and Rs 0.5 million income tax.
Similarly, polypropylene worth Rs 39 million was imported, while total tax Rs 11 million was collected on the import.
Besides that, Pakistan also imported cotton yarn worth Rs 27.6 million, cotton not comber worth Rs 64 million, oil-cake and other solid residues worth Rs 1.5 billion and machinery worth Rs 55 million from India during 28 November-12 December of the current fiscal year.
As a whole, Pakistan imported Rs 2.88 billion worth goods from India. While total paid duty remained Rs 130 million, sales tax Rs 100 million, additional sales tax Rs 4.2 million and income tax Rs 120 million.
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