Indo-Pak trade in J&K suspended till May 14

Lily

B.R
Staff member
Poonch May 4:

Indo-Pak trade via Chakan-Da-Bagh Line of Control (LoC) point in Poonch district has been suspended for another two weeks by the cross-LoC traders in protest against slapping of Sales Tax and VAT on the trading commodities.

"We have decided to suspend cross-LoC trade between the traders of J&K and Pakistan Occupied Kashmir (POK) via Chakan-Da-Bagh crossing point in protest against state government's move to slap Sales Tax and VAT on the trading goods", Presiding of LoC Traders Union Pawan Anand told reporters after meeting of the cross-LoC traders here.

India and Pakistani traders had traded goods in terms of import and export worth Rs 134 crores in Indian currency (export) and Rs 232 crores in Pak currency (import) since beginning of trade via Chakan-Da-Bagh crossing point in Poonch district of the state on October 10, 2008 till now.

 
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