Industry body rues hike in storage tariff | punjab | Hindustan Times
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Industry body rues hike in storage tariff

punjab Updated: Sep 27, 2013 19:33 IST
HT Correspondent
HT Correspondent
Hindustan Times
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The Confederation of International Chambers of Commerce and Industry (CICCI) has lamented a steep hike in storage tariff and weighing charges through a letter to the chairman of the Land Ports Authority of India (LPAI). The hike has been enforced by the Land Ports Authority through its custodian CWC at the Integrated Check Post, Attari, from next month.

The CICCI in a meeting on Thursday opposes hike in the charges, as it would also affect the international trade. Meanwhile, the cement importers henceforth have decided to immediately stop the consignments from Pakistan in view of increase in storage charges, which, they said, would make the trade completely unviable.

The chambers urged the LPAI to immediately withdraw the enhanced tariff, which is totally unwarranted and the decision was taken without consulting the trade and industry, the big stakeholder.

It has also been mentioned in the letter that the LPAI had failed to provide proper platforms and covered sheds for all-season import of gypsum, cement, loose cargo, rock salt, dry fruits and onion. The unloading of gypsum in the open during rains this year had resulted in huge loss to the importers and the LPAI had failed to compensate for the damage.