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500 tonnes of duty free Pakistani Basmati rice up for grabs

by Zacki Jabbar

Sri Lankan businessman can import 500 tonnes of long grain Pakistani Basmati rice duty free following approval by the Trade Development Authority of Pakistan (TDAP), government sources said.

"No quotas will be granted and letters of recommendation will be issued by the Trade Ministry on a first come first served basis."

The Trade Development Authority of Pakistan (TDAP, will issue the "certificate of origin" to its exporters of duty free long grain basmati rice on post shipment and open market basis.

The Bill of Lading, commercial invoice and original copy of quality certificate by the Trading Corporation of Pakistan (TCP) or Quality Review Committee (QRC), certifying that the consignment is long grain basmati rice have to be produced by the exporter, before the goods are shipped, the sources added.

Incorporation of new regulations into the Customs Ordinance, Appropriation Act and Sri Lanka Export Development Act has resulted in the slashing of import duty on Pakistani produced Basmati rice, potatoes, paints and other material used by artists, equipment for the Ceylon Electricity Board and Cinema industry.

 

 

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