Businessmen seek realistic customs valuation system

LAHORE: Stakeholders from various business sectors have called for a transparent, consistent and business-friendly customs valuation mechanism based on actual international market prices and transaction data, warning that unrealistic assessments and procedural delays are increasing the cost of doing business and hampering industrial and trade activities. The demand was raised during a consultative session at the Lahore Chamber of Commerce and Industry (LCCI), chaired by its President Ali Hussam

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