Sunday, June 13, 2021
Home News Reports Hundreds of trucks with shipments from Pakistan stranded at Wagah border due to import...

Hundreds of trucks with shipments from Pakistan stranded at Wagah border due to import duty hike to 200%

Indian importers have already paid for most of the imports, Pakistani exporters are not willing to take the goods back

Less than two weeks after India raised the basic customs duty on all items imported from Pakistan to 200%, the effects of the same have already started to show. The duty hike was enforced after India had withdrawn the Most Favoured Nation accorded to Pakistan following the Pulwama terror attack.

An import duty of 200%, along with other duties such as Countervailing Duty and Special Countervailing Duty, has meant that items imported from Pakistan will cost 300% or more than its basic price, making than completely uncompetitive in the Indian market. As a result, traders in India have refused to import goods from Pakistan.

This has resulted in a long queue of hundreds of trucks carrying goods from Pakistan to India at the border, as naturally, nobody is willing to pay 200% or more tax to clear the shipments to India. Trucks carrying various items like cement, granite, gypsum, dry dates, graphite etc are stranded at the Attari-Wagah border, as Indian importers have refused to accept them.

As trucks are stranded in the border for almost 10 days now, some truckers have started to offload the consignments at the border itself and return from the border. As there is confusion and uncertainty over whether Indian importers will accept the shipments, and the transporters can’t keep their loaded trucks at the border forever. Items like granite and gypsum have offloaded on the sides of the roads, but other items like cement are still kept in trucks as they can’t be stored in open. Most exporters are also not willing to take back the goods, resulting them to be stranded at the border.

Although Pakistani exports will suffer for the raised import duty by India in the long run, Indian traders have suffered for the time being due to the goods languishing at the Attari-Wagah border. Because, Indian importers have already paid for most of the shipments, but now they have to pay 200% or more import duty to take delivery of the same. If they are unable to clear the shipments, they stand to lose the money already paid to Pakistani exporters.

Due to this, the Indian importers have demanded that the shipments which are already at the border, and for which payments have already been made, should be cleared with old import duty. They say that the bill-of-entry for most of the consignments were filed before the hike in duty, that’s why ideally the new duty should not apply on them. The traders are planning to move the Supreme Court if the customs department does not agree with their demand.

Pakistan’s import from India is much more than India’s import from Pakistan. So far, Pakistan has not announced any retaliatory hike in customs duty on imports from India, and exports to Pakistan is continuing. Pakistan has not accorded India the MFN status so they are free to increase the duties if they want.

  Support Us  

Whether NDTV or 'The Wire', they never have to worry about funds. In name of saving democracy, they get money from various sources. We need your support to fight them. Please contribute whatever you can afford

OpIndia Staffhttps://www.opindia.com
Staff reporter at OpIndia

Related Articles

Trending now

Wikipedia dismisses Love Jihad as a conspiracy theory by Hindus, but claims reverse Love Jihad against Muslims is real

Wikipedia labels Love Jihad as a fabricated notion even as thousands of non-Muslim girls continue to be afflicted by the menace

‘Corona Mata’ Temple in UP marks a continuing Hindu tradition of worshipping Goddesses for protection against diseases: All you need to know

ANI reported on Saturday that a 'Corona Mata' Temple has been established at Pratapgarh district in Uttar Pradesh.

Chinese spy arrested in Malda confesses to smuggling 1300 Indian Sim cards to China, used for hacking and financial fraud

The Chinese spy was arrested by the BSF when he was trying to enter the country through the Indo-Bangla border in Malda district on Thursday

Why so-called ‘fact-checkers’ are a greater evil than random misinformation that they claim to fight

In his speech, the PM also took veiled jibes at a few CMs as well as loudmouthed opposition politicians with no skin in the game.

How propaganda media and cartoonist Manjul are milking a Twitter email to the hilt

Anti-BJP cartoonist Manjul took to Twitter to insinuate that the Modi government has been trying to silence his freedom of expression.

Leaked Clubhouse chats: Here is what senior Congress leader Digvijay Singh promised to a Pakistan-origin journalist about Kashmir

During conversation with a Pakistani-origin journalist on Clubhouse app, Congress leader Digvijay Singh promised to reinstate Article 370

Recently Popular

TV actor Sushant Singh’s troll account suspended by Twitter, restored later

Team Saath Official was the go-to Twitter account for left-liberals and rabid Islamists to silence nationalist voices in the country.

Leaked Clubhouse chats: Here is what senior Congress leader Digvijay Singh promised to a Pakistan-origin journalist about Kashmir

During conversation with a Pakistani-origin journalist on Clubhouse app, Congress leader Digvijay Singh promised to reinstate Article 370

Temple vandalised, journalist attacked: Communal violence grips Tiljala, Kolkata, BJP leaders, Bengal Governor share details

BJP worker, Devdutta Maji, informed that a Shani Kali temple was vandalised by Islamists in broad daylight in Tiljala on Tuesday.

India not to allow return of four Kerala-based women who had joined Islamic State, at least 3 of them are converts: Details

Indian Govt is unlikely to allow four women from Kerala who had left to join Islamic State in Khorasan Province (ISKP).

‘Decline is on’: Pakistanis furious after Saudi Arabia eases ‘guardianship rules’ for women

Saudi Arabia has allowed single, widowed, and divorced women to stay independently without the prior approval of male guardian

Kerala: Missing for 11 years, Sajitha found living next door with her lover Rehman in a locked room

For 11 years, Kerala woman Sajitha lived just 500 meters away from her parent's house in her lover's house without the knowledge of anyone
- Advertisement -

 

Connect with us

255,564FansLike
552,561FollowersFollow
24,300SubscribersSubscribe