Pakistan’s FBR allows cross-stuffing of goods
Pakistan’s Federal Board of Revenue (FBR) has given the go-ahead for the cross-stuffing of goods from one container to another container or any other mode of transportation under the Afghanistan-Pakistan Transit Trade Agreement (APTTA) and TIR Convention.
The amendment to Pakistan’s customs rules, on Monday, was aimed at allowing for the smooth movement of transit cargo, Dawn Media reported.
The cross-stuffing of containerised cargo under APTTA will be allowed both inside seaport terminals where cargo arrives and at any approved off-dock terminals at separately demarcated areas.
Cross stuffing is broadly defined as the loading of cargo in empty containers and sealing them, sometimes in the presence of customs, with the containers being transported to the carriers thereafter.
The APTTA is a bilateral trade agreement signed in 2010 by Pakistan and Afghanistan that calls for greater facilitation in the movement of goods between the two countries.
The agreement allows for both countries to use each other’s airports, railways, roads, and ports for transit trade along designated transit corridors. The agreement does not cover road transport vehicles from any third country, be it from India or any Central Asia country.
Customs duties on essential food items drops by up to 70%
The Ministry of Finance said that based on the decision of the leadership of the Islamic Emirate of Afghanistan, customs duties on basic food items have dropped by between 50 and 70 percent in the last solar year.
As a result of this decision customs duties have been reduced to the value of 6.7 million afghanis this year, the ministry said.
The decision to decrease customs duties on the food items that include flour, wheat, cooking oil, rice, and sugar, was to keep the prices down on local markets.
Kunduz commerce department’s revenues rise by 48%
Kunduz Directorate of Industry and Commerce officials say their revenues have increased by 48 percent this solar year.
According to officials, the institution has collected more than 12 million Afghanis from the extension and distribution of licenses to manufacturing companies.
Mohammad Rahim Sirat, head of Kunduz Directorate of Industry and Commerce, said they distributed licenses to 112 people and renewed the licenses for 303 people.
Meanwhile, Kunduz Municipality officials also announced that they have collected 120 million Afghanis in 11 months of the current solar year, which shows a 40 percent increase compared to the same period last year.
Tajuddin Sohak, the spokesman for Kunduz Municipality, said they collected 120 million Afghanis this year, which shows a 40 percent increase from 86 million afghanis last year.
But shopkeepers and owners of manufacturing companies in Kunduz complain about the lack of a market for their products. They say that in the past their goods used to be exported abroad, but now exports have declined.
“In the past, we used to export to Iran, Pakistan, and Iraq, but our exports have decreased compared to the past. We ask the government to cooperate with us to provide the basis for export,” Wasim Akram, an entrepreneur, said.
Local officials in Kunduz say they have always tried to facilitate trade. They express hope that in the new year their efforts for foreign marketing of manufacturing companies will produce good results.
IEA leader met customs officials, asked them to provide facilities for merchants
The leader of the Islamic Emirate of Afghanistan, Mawlavi Hibatullah Akhundzadah, met with ministry of finance customs officials on Wednesday and shared necessary guidance and recommendations.
According to the ministry statement, Deputy Minister of Finance for Revenue and Customs, Mullah Muhammad Nasser Akhund, General Director of Customs, Mufti Abdul Matin Saeed, and all the officials of the country’s customs were present in the meeting.
At the meeting, Deputy Minister of Finance for Revenue and Customs and the General Director of Customs of the Ministry presented a detailed report related to their performance since the takeover of the country by the Islamic Emirate and also shared their recommendations for improving related matters with Mawlavi Hibatullah Akhundzadah, the ministry said.
The leader of the Islamic Emirate of Afghanistan pointed out to the officials their assigned responsibilities and gave them the necessary guidance.
“The leader also gave them recommendations in order to provide better services for the Islamic ruling system, treat people well, provide facilities for merchants and other related sectors,” read the statement.
Qatar hosts talks on future of education in Afghanistan
UN calls for quality education for Afghan boys and girls
Lebanon and Afghanistan named unhappiest countries in the world
TikTok hits 150 mln U.S. monthly users, up from 100 million in 2020
Thailand dissolves parliament for crunch election in May
Iran and China envoys discuss ways to enhance stability in Afghanistan
Fresh earthquake hits Turkey-Syria border two weeks after disaster
United States to provide $100 million more for Turkey, Syria quake aid
Afghanistan turns back 24 tankers carrying low-grade fuel from Iran
Afghan spinner Mujeeb Ur Rahman joins Pakistan’s Peshawar Zalmi
Tahawol: Afghanistan in 1401 reviewed
Saar: Developments in Afghanistan in 1401 reviewed
Tahawol: Barring officials from hiring their sons discussed
Saar: Afghanistan-Iran diplomatic relations discussed
Tahawol: UNAMA’s extension to Afghanistan mission discussed
Regional4 days ago
Fire kills 10 members of family in Pakistan
World4 days ago
ICC judges seek Putin’s arrest citing war crimes in Ukraine
Sport3 days ago
Afghanistan beat Bangladesh by 7 wickets in U-19 Tri-Series opener
Science & Technology4 days ago
AWCC rolls out 4G internet services in north-east zone of Afghanistan
Regional5 days ago
Pakistan court rejects Imran Khan’s plea to suspend warrant
World3 days ago
India says situation with China fragile, dangerous in the Himalayan front
Latest News4 days ago
No change in India’s position on not recognizing IEA: New Delhi
Business2 days ago
Kunduz commerce department’s revenues rise by 48%