Tyre maker for stamping of goods ‘in transit to Afghanistan’

Published October 14, 2020
A leading tyre manufacturer has urged the government to withdraw the decision of discontinuation of stamping of goods in transit to Afghanistan. — Dawn/File
A leading tyre manufacturer has urged the government to withdraw the decision of discontinuation of stamping of goods in transit to Afghanistan. — Dawn/File

KARACHI: A leading tyre manufacturer on Tuesday urged the government to withdraw the decision of discontinuation of stamping of goods in transit to Afghanistan, stressing the move will hurt the local industry and reverse all the efforts of curbing illegal practices of smuggling.

On Oct 7, the Directorate General of Transit Trade Customs House, Karachi, vide its Office Order No.49/2020-Estt-(DTT) had announced that stamping of goods “in transit to Afghanistan” will be discontinued at Karachi Port and Port Qasim.

In a statement, General Tyre and Rubber Company of Pakistan (GTR) spokesman said stamping must be mandatory for goods in transit to Afghanistan. “Without the stamping, goods would again find their ways to the country and ultimately weaken our local industrial basis, resulting in billions of rupee revenue losses to the government,” he said.

“Moreover, it has been established that stamping was helpful to address items under the guise of Afghan Transit Trade that were either unloaded in Karachi or come back from the Afghan border via smuggling. Along with other measures stamping was a good strategy of the Customs department that must be carried on,” he added.

The spokesman added that in another Office Order No.50 / 2020-Estt-(DTT) on Oct 7, it was announced that the scanning of Afghan Transit Cargo at Karachi Port and Port Muhammad Bin Qasim would be carried out as per Rule 473 of SRO 121(1)/2014 dated Feb 24, 2014.

The local tyre industry is meeting almost 15pc of the country’s demand.

Since the stamping was in place there was a remarkable control over smuggling, he said.

Published in Dawn, October 14th, 2020

Follow Dawn Business on Twitter, LinkedIn, Instagram and Facebook for insights on business, finance and tech from Pakistan and across the world.

Opinion

Editorial

Strange claim
Updated 21 Dec, 2024

Strange claim

In all likelihood, Pakistan and US will continue to be ‘frenemies'.
Media strangulation
21 Dec, 2024

Media strangulation

AEMEND, in a recent statement, has only now drawn attention to the reality that has plagued Pakistani media for a...
Israeli rampage
21 Dec, 2024

Israeli rampage

ALONG with the genocide in Gaza, Israel has embarked on a regional rampage, attacking Arab and Muslim states with...
Tax amendments
Updated 20 Dec, 2024

Tax amendments

Bureaucracy gimmicks have not produced results, will not do so in the future.
Cricket breakthrough
20 Dec, 2024

Cricket breakthrough

IT had been made clear to Pakistan that a Champions Trophy without India was not even a distant possibility, even if...
Troubled waters
20 Dec, 2024

Troubled waters

LURCHING from one crisis to the next, the Pakistani state has been consistent in failing its vulnerable citizens....