Article: Import duty on 350 non-essential and luxury items to help save precious Foreign Exchange.

ISLAMABAD,August 29 (PPI) : The local industrialists and Chambers of Commerce and Industries have appreciated and said that the government decision to levy the import duty imposed on 350 non-essential and luxury items would not only help save precious Foreign but also encourage domestic industry to grow. We welcome and favour the government decision the imposition of 15 to 50 percent duty on imports of 350 non-essential and luxury items, President Islamabad Chamber of Commerce and Industry (ICCI) Muhammad Ijaz Abbasi told. Adnan Farooqi a local industrialist also welcome the initiative taken by the government for imposing import duty on 350 non-essential and luxury items ...

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