He was speaking at Lahore Chamber of Commerce and Industry where LCCI President Irfan Qaiser Sheikh presented customs related proposals that could help give quantum jump to the country’s exports.
The Collector Customs, while agreeing with LCCI proposal, said that sector-specific committees to check under-invoicing should be formed and both the Customs department and the Lahore Chamber needed to sit together to finalise its modalities so that the committees could be notified without any further delay. He said the Customs department was well aware of the fact after granting the MFN status to India, the volume of trade between the two sides would jump and the Wagha would be the largest port in the country. Therefore, he added, the private sector should initiate consultation with the NLC that is presently handling all the infrastructure related issues at Wagha.