Abdullah Zaki, President Karachi Chamber of Commerce and Industry (KCCI), on Tuesday urged the government to cut duties and taxes on imported goods particularly the smuggling prone items.
In a statement, the KCCI president claimed that lower duties and taxes would discourage smuggling and misuse of Afghan Transit Trade (ATT) facility.
“Smuggling and misuse of ATT have undermined the local industry, discouraged legal imports and reduced revenues collected from duties and levies at the import stage and taxes collected at the retail stage,” he said.
