GB traders reject tax deal, continues sit-in

Dealers in Gilgit-Baltistan have decided to push with their sit-in in Sost Dry Port and reject the government’s conditional tax change. The announcement came after negotiations in Islamabad between the federal government, GB authorities and local trade representatives.

Protesters have kept the port closed since July as opposed to new taxation measures and suspension of customs clearance. On Wednesday, officials agreed to exempt certain imports from federal taxes, provided they were intended for local use and complied with specific conditions. The annual value of these exceptions was limited to RS4 billion.

However, trade leader Javed Hussain said on Thursday that the event fell under their demands. “After the agreement and its notice in Islamabad it was suggested for us to end the protest. But we do not agree with this [suggestion] And has decided to continue sit-in and keep the trade suspended. “

Leave a Comment

Your email address will not be published. Required fields are marked *

Scroll to Top