Hike in storage tariff: cement traders may stop imports | punjab | Hindustan Times
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Hike in storage tariff: cement traders may stop imports

punjab Updated: Sep 28, 2013 21:05 IST
HT Correspondent

Demanding immediate withdrawal of hike in storage tariff at the Integrated Check Post, the Confederation of International Chambers of Commerce and Industry (CICCI) has said traders may stop cement imports in protest from next week.

In a letter to the chairman of the Land Ports Authority of India (LPAI), the CICCI stated, "We wish to point out that this unilateral hike would completely impact the trade and would render it uneconomical. Cement traders importing the commodity from Pakistan have decided to oppose the increased charges and have given a call to stop import of cement consignments from next week as a protest against the high-handed approach of the authority."

"You would recall our Thursday's email to reconsider the increased charges but we have not received any communication so far," claimed the CICCI.

For the past 18 months, during several meeting and representations, traders are demanding augmentation of existing infrastructure with paved and cemented platforms and additional storage space besides repairing the leaking godowns, but nothing has moved and now the exorbitant tariff increase will definitely kill the trade, the traders body said, adding that it vehemently opposes the hike in charges.

Traders dealing in other commodities would be forced to boycott the ICP from October10 and stop the trade in case the authority failed to revise the new tariff regime in consultation with members of the chamber, stated a release.