Tiles and sanitary ware industry threatens to shut down against imposition of regulatory duty

Tiles and sanitary ware industry threatens to shut down against imposition of regulatory duty

KARACHI: Mohammad Amin Lasania, Chairman, All Pakistan Tiles and Sanitary Merchants Association has warned the authorities that if regulatory duty and anti-dumping duty are not withdrawn then the industry has no option but to shut down their businesses, which will not only decline the revenue but also cause unemployment of one million people attached to this industry.

Amin Lasania on Saturday said that the government imposed regulatory duty through SRO 1035 (I)/2017 dated October 16, 2017 with aim to curtail import of unnecessary and non-essential items. “But the government enhanced the regulatory duty on tiles and sanitary wares to 45 percent from 25 percent,” he said and added that the situation further aggravated with the imposition of anti-dumping duty ranging 10-37 percent. “The total duty and taxes on imports of tiles and sanitary wares have increased to all time high of 135 percent from 83 percent,” he added.
He said that the imposition of regulatory duty along with anti dumping duty had increased the cost of construction by 12 to 15 percent per square meter. Whereas the cost of business in tiles and sanitary ware industry has increased by 100 percent, he added.
Amin Lasania said that the organized sector of tiles and sanitary ware could only meet local demand of 25 to 30 percent and remaining meet through imported ones.
He criticized Federal Board of Revenue (FBR) for achieving revenue targets through stopgap arrangements instead of making long term business friendly policies. The short term revenue generation policies are discouraging the local businesses and will result in further decline in revenue.
The chairman on the behalf of importers, wholesalers and retailers rejected the 20 percent regulatory duty and 37 percent anti-dumping duty and demanded FBR and National Tariff Commission (NTC) to immediately withdraw notifications i.e. SRO 1035(I)/2017 and NTC notification 45/2016.

Source: pkrevenue

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