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Tea packers and blenders

Tea smuggling via ATT costs exchequer Rs 12 billion annually

October 18, 2012: The documented sector has lost around 60 percent of the domestic black tea market to smugglers that bring it in Pakistan through the Afghan Transit Trade, causing the exchequer an annual loss of Rs 12 billion in import levies. One wonders why such a huge quantity of black tea through ATT is allowed when the population of Afghanistan is hardly 25 million. Perhaps the government had also kept in mind to provide relief in prices which starts from July 22 this year. Customs…

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