LAHORE: Pakistan has imported items worth Rs 1.88 billion from March 16, 2015 to March 31st during current fiscal year from India via Wahga Border, while total taxes worth Rs 226.6 million were collected during the period.
As per details available to Customs Today Pakistan imported tomatoes, garlic, polyethylene, cotton, poly propylene, Carbon Di Oxide and rolling machinery from India.
Pakistan imported 2,917,231 kg of tomatoes from India in 16 days and income tax collected during this period was Rs 8.2 million. On the other hand, garlic was also a big import from India and during 16 days of March 6,86,196 kg of garlic was imported from the neighboring country. Income tax collected from the import of garlic was Rs 4.3 million.
According to the details Pakistan imported 2,54,655 kg of fruits (H.S Code 709-6000) from India in 16 days. Rs 957331 million revenue was generated from Income tax on fruits
Pakistan has imported 18,445,260 kg soya and other relevant products from India and generated Rs 966 million tax on it. Through sales tax government has collected Rs 50 million and Rs 43 million income taxes. Federal government also collected Rs 1.2 million in additional sales tax from soya items.
Pakistan imported polyethylene, poly propylene and poly items like synthetic materials worth Rs 120 million, while the sales tax and income tax collected on poly ethylene were Rs 14 million and Rs 1.9 million respectively.
Pakistan also imported cotton, yarn and other relevant items from India worth in millions and collected huge income and sales tax.
Beside all of this Pakistan has imported Carbon dioxide, machinery and number of other items from India through Wagha border trade route.
As a whole, Pakistan imported Rs 1.88 billion worth goods from India. While duties, sales taxes, income tax and other taxes are more than Rs 226.6 million