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ACCI welcomes decreasing of taxation on raw imported goods

(Last Updated On: May 2, 2016)

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Officials in Ministry of Commerce and Industry have welcomed the approval for decreasing taxes on raw imported goods tariff, saying supporting investments will end up into the significant growth of economy and will increase the domestic productions within the country.

Afghanistan High economy council has recently approved the decreasing of taxation on raw materials in customs tariff.

Deputy of the Chamber of commerce and industry Khanjan alkozai welcomes the following decision saying this will pave the way for better platforms for domestic and International investors to invest in Afghanistan.

Based on the new decision of the Afghanistan high economy council now the importers could only pay 1 percent taxes for their materials, while they were paying 10 percent.

Further he mentioned that those who imports machines for the factories aren’t responsible to pay taxes but the printed papers, and belonging materials for some of the factories and companies should pay 2, 5 percent taxes.

Deputy chamber of commerce Khanjan Alkozai said,”An important step has been taken by the Government on growing of economy, the following decision will improve the economy and encourage the domestic and International investors to invest in Afghanistan.”

Meanwhile scores of the officials in chamber of commerce has declared the economy situation in Afghanistan full of concerns.

The International relations responsible for Ministry of commerce and industry Azarakhsh Afizi said,” the economy situation of Afghanistan is worst, unemployment is in high level, our industry is ramshackle, more than 1000 factories has been shut down.”

One of the main challenges for the National Unity Government leaders is corruption, the following problem has over shadow the activities of the following Government and International community have also insisted that if Afghan Government doesn’t move to combat corruption we will stop our aids and supports.

 

Reported by Nabila Hafizi

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