Islamabad, July 27, 2020 (PPI-OT): Private wheat importers will be given priority. This was said by Secretary Ministry of National Food Security and Research(NFS and R), Omar Hamid while chairing a meeting on wheat import on Monday. Secretary NFS and R was of the point of view that legitimate concerns of importers will be solved at the earliest. He mentioned that NFS and R is working in PM Imran Khan Direction of to ensure uninterrupted supply countrywide.
NFS and R will help wheat importers at all levels. So that ultimately public can get wheat at affordable price. NFS and R is facilitating wheat importers by helping them in priority berthing, storage, multiple ports and clearances on the landing of shipment. Few taxes and duties have already been abolished by the federal government including, Regulatory Duty 60 percent, Custom Duty 11 percent, Sales Tax 17 percent and Withholding Tax 06 percent.
The waiver of withholding tax will be notified in matter of days. Imported wheat is exempted from the Anti- Hoarding Act imposed by the provincial governments on producing verified import record by the importers. The meeting was attended by wheat importers, representatives from NFS and R, Ministry of Maritime Affairs, FBR and Finance Division.
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