LAHORE: Prime Minister’s Special Assistant on Revenue Haroon Akhtar Khan, has promised to review the issue of regulatory duty on imports.
While talking to the LCCI delegation under the chairmanship of LCCI President Malik Tahir Javed, who called on him on Monday, Haroon said that issue of RD on imports would be reviewed in the larger interest of the business community as the government considers business community its partner and wants to ensure business-friendly atmosphere.
He said that business community is the backbone of the economy and government is fighting hard to solve the issues of trade and industry at the earliest. He informed the LCCI delegation that government is making all-out efforts for the cause of business community in the country. He also lauded the LCCI’s role for supplementing the government efforts aimed at economic revival of the country saying that government takes LCCI proposals seriously and gives.
The LCCI President Malik Tahir Javed lauded the Haroon Akhtar’s gesture to review the RD on imports and appreciated his friendly approach towards the business community. He said that the issues of RD on imports and withholding tax on banking transactions have pushed the business community into a depressed state-of-affairs and they are worried about future of their businesses.
The LCCI president said that decision of RD imposition must be reviewed immediately as it would not only be hurting the trade and industry but the issue of smuggling and under-invoicing would become more severe.
