KCCI to approach FBR for resolving issues confronted by commercial importers - Press Release issued by Karachi Chamber of Commerce and Industry.

Karachi -- November 19, 2019 (PPI-OT)

Following is the text of press release issued by Karachi Chamber of Commerce and Industry (KCCI)

Quote

President Karachi Chamber of Commerce and Industry (KCCI) Agha Shahab Ahmed Khan has assured Pakistan Chemicals and Dyes Merchants Association (PCDMA) will approach the Federal Board of Revenue (FBR) and other concerned authorities so that the issues being faced by commercial importers could be amicably resolved.

Exchanging views at a meeting during the visit of PCDMA delegation to KCCI, President KCCI requested PCDMA to submit practical suggestions for resolving the issues being faced by the commercial importers. General Secretary BMG AQ Khalil, Senior Vice President KCCI Arshad Islam, Vice President KCCI Shahid Ismail and KCCI Managing Committee members attended the said meeting with PCDMA delegation led by its Chairman Amin Yousuf Balgamwala, which also comprised of Vice Chairman Asif Ebrahim, Former Chairman Haroon Agar, Arif Balgamwala and others.

President KCCI was fairly optimistic that the issue pertaining to SRO 1190 will certainly be taken into consideration and resolved on KCCI's intervention. He also sought PCDMA's suggestions for realistic valuation ruling so that the same could be forwarded to relevant authority for consideration with a view to provide a level playing field to commercial importers. While agreeing to Chairman PCDMA's suggestion to form a committee so that collective efforts could be made to get the issues resolved, Agha Shahab sought PCDMA's...