The Ministry of Commerce has began reviewing the funds proposals for the following monetary yr.
In accordance with the sources, the Ministry of Commerce has made a number of proposals obtained from the personal sector part of the agenda, the proposals of the personal sector might be finalized within the Tariff Coverage Board.
Sources stated proposals to take away 10 % regulatory responsibility on import of used heat garments, take away customs regulatory responsibility on soda ash and impose an entire ban on export of fur merchandise are into consideration.
In accordance with sources, the demand to restrict the import of milk and milk powder can also be being thought of.
Sources stated that the personal firm’s demand to abolish 16% customs and 4% further customs responsibility can also be into consideration.
It might be recalled that the Ministry of Commerce had sought funds proposals from different stakeholders together with the personal sector.
