KARACHI – The Trade Development Authority of Pakistan (TDAP) has announced a reduction in the fee of certificate of origin for acquiring GSP facility on exports to European Union from Rs1,000 to Rs 100. This was disclosed by Korangi Association of Trade and Industry (KATI) Chairman Syed Johar Ali Qandhari on Wednesday after a meeting with TDAP Chief Executive Tariq Puri wherein the issue of steep rise in issuance prices of GSP certificate was discussed.
The exporters had also raised the issue of phenomenal rise of fee from Rs 25 to Rs 1,000 announced by TDAP about a few days back and TDAP chief had promised to the exporters in a luncheon meeting with the office bearers and members of KATI on Tuesday and assured to revise his decision in this regard.
In the meeting with the KATI chief on the following day at TDAP office, Puri has intimated the decision to reduce the fee of GSP certificate with immediate effect.
KATI Chief Johar Qandhari while welcoming the decision said that it is good gesture indicating that the TDAP has realised the magnitude of the situation and reversed the fee increase. There was a uproar on the part of exporter associations on the decision by the TDAP to increase GSP certificate fee and termed it an anti-export move.
