KARACHI: Federal Board of Revenue (FBR) has advised all Chief Collectors of Customs to submit a report regarding the challenges facing Pakistan Tea Association (PTA).
About the issues and recommendations, Aman Paracha of Pakistan Tea Association (PTA) said tea should be immediately lift up from SRO 450.
PTA has highlighted this issue on different forums from last three months and resulting the such practice has been stopped that no consignment is being imported from last two weeks by particular kind of re-export firms.
There are only four to five firms who are importing tea under SRO 450. Paracha said association will keep eye on importers having facility of SRO 450 and will inform the authorities of any malpractices.
Paracha said the association approached all collectorates (dry ports) seeking the data (from July 2020 to December 2020) of consignments cleared form the dry ports but they failed to provide the said data.
It is also be advised to the all dry ports that all consignments may kindly be cleared according to the ITP, as Pakistan Tea Association is continuously sending proposed ITP rates as per international fair prices of its different tea grades.
“Our proposed rates are being followed by Karachi Customs, but, tea is also getting cleared from other dry ports of the country with low value declared”.
He said that Customs had challenged the legal imports of tea and requested the authorities that consignments should not be stopped without proper verification regarding its legality.