Cross-LoC trade hits tax roadblock

Chakkan Da Bagh (Poonch), Apr 14: It was tipped to be one of the prime confidence building measures between India and Pakistan. But cross-Line of Control trade remains suspended for the past six weeks after J&K government decided to levy tax on it.
 Traders in Chakkan Da Bagh near the LoC staged a shutdown to protest against the state government's decision to levy sales tax on the trade.
 Locked godowns and a deserted trade centre demonstrated that the shutdown had a massive support.
 "This trade was supposed to be duty-free. After two-and-a-half years, the government has suddenly decided to levy tax on it," says  Pawan Anand, President, Cross Loc Traders' Association.

Lastupdate on : Thu, 14 Apr 2011 21:30:00 Makkah time
Lastupdate on : Thu, 14 Apr 2011 18:30:00 GMT
Lastupdate on : Fri, 15 Apr 2011 00:00:00 IST



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