PCDMA objects to 50% of imported raw materials sold locally without value addition

  • Post author:
  • Post category:News Update
  • Reading time:1 mins read

The Pakistan Chemicals & Dyes Merchants Association (PCDMA) has raised concerns about the federal government’s decision to allow manufacturers to sell up to 50% of imported raw materials in the local market without value addition. PCDMA Chairman Salim Valimuhammad stated that this measure undermines export-related concessions and creates an uneven playing field for genuine importers who pay full taxes. He argued that raw materials imported under export incentives should only be used for value addition and exports.

Valimuhammad urged the government to prohibit the domestic sale of concessionary imports entirely and called for the Federal Board of Revenue (FBR) to act against the misuse of industrial concessions. He emphasized the need for a uniform import tax regime to eliminate distortions and promote fair competition in the chemicals and dyes sector. Comprehensive reforms, including stricter enforcement and regulatory oversight, were also recommended to protect the interests of the trading community and strengthen Pakistan’s economy.

Author

Sharing is caring

Leave a Reply

Search Website for more Articles