English | دری

Afghan Businesses Suffer $1mn In Losses Due to Customs Duty Hike

in Afghan Business

Afghan Businesses Suffer $1mn In Losses Due to Customs Duty Hike

Afghan businessmen have suffered USD 1 million in losses due to a recent rise in customs duty by the Afghan government, the Afghan Chamber of Commerce and Industries (ACCI) reported on Wednesday.

Addressing a press conference, ACCI deputy head Khan Jan Alokozay said the Ministry of Finance has hiked the duty on a 40 feet container up to 450,000 Afghanistan compared to 150,000 Afghanis just a month ago.

He called on the government to combat corruption at ports, municipalities and custom offices instead of raising taxes and added that any duty hike should be debated by a commission before its implementation.

Meanwhile, the business community has warned of closing down their businesses if the government does not address the duty hike issue.

Related Articles

Over 30% increase in Kandahar’s customs revenue

Kandahar’s customs department has collected nearly one and a half billion Afghanis in revenue over the past five months, indicating

Chinese ambassador meets with businessmen in Kandahar

Chinese Ambassador to Afghanistan Den Xijung during his visit to southern Kandahar province met with local officials and businessmen and

Afghan electric company struggles to make powerful customers pay

How do you collect a $200,000 electricity bill from an Afghan warlord? Try cutting him off from the grid. Then

No comments

Write a comment
No Comments Yet! You can be first to comment this post!

Write a Comment

Your e-mail address will not be published.
Required fields are marked*

Time limit is exhausted. Please reload the CAPTCHA.