A delegation of Sialkot based exporters called on Federal Minister for Finance Ishaq Dar at his office in Islamabad to discuss various matters and problems being faced by them.

However, Mr Dar assured them that all the problems of Sialkot exporters would be resolved enabling them to struggle hard with full devotion, dedication, enthusiasm and complete peace of mind for boosting the national economy by enhancing the exports.

Sialkot Chamber of Commerce and Industry (SCCI) President Fazal Jillani told the media that the meeting was very successful and he assured them of providing relief for the small and medium enterprises in Sialkot.

The SCCI president added that the minister had assured them that Sialkot business community’s pending duty drawback claims up to the end of year 2014 would be cleared till July 15, 2015. Pending Sales Tax refund cases where refund payment order has been issued by regional tax office would be cleared by July 15, 2015, the minister was quoted as saying.

Instructions have been issued to the Collectorates of Customs to release the shipments of PU Leather and EVA Foam under SRO 492(I)/2009, where goods declarations for import of the items filed up to June 30, 2015, he said.

“15 percent regulatory duty on import of stainless steel (round bars) would be waived in the upcoming Federal Budget 2015-16,” the minister told the delegation. “The rates of sales tax under SRO 1125(I)/2011 as amended up to date would not be enhanced beyond by 2% and continue at the existing rate.”

Jillani stated that the federal minister had also expressed his desire to visit Sialkot Chamber of Commerce and Industry (SCCI) office in the current month to discuss other issues relating to trade.

Complaints prompt ACE stop action on 600 inquiries: The Anti-Corruption Establishment (ACE) Gujranwala has stopped implementation of all inquiries of more than 600 corruption cases, baffling the affected people who have pinned hopes on the authority for action to bring corrupt officials to the book.

According to senior ACE officials, ACE Gujranwala Division Director Shehzad Saeed has stopped implementation of inquiries of 600 cases of corruption against officials of different departments.

They said that the ACE investigation officers had sent these 600 corruption cases to ACE Directorate Gujranwala after conducting inquiries with recommendation for further action.

However, it has been learnt that the Divisional Director has stopped further implementation on these inquiries following host of complaints of corruption by the ACE investigators during inquiries of these corruption cases.

The establishment has now formulated special teams to re-check all these cases one-by-one to ensure transparent and impartial inquires into these 600 corruption cases.