Hawala trade in goods imported from China? CAIT demanded inquiry||AllBestNews||

Hawala trade in goods imported from China? CAIT demanded inquiry

There is a possibility of hawala trading in goods imported from China. Confederation of All India Traders has demanded the government to investigate the matter. At the same time, it is also feared that the money of the hawala business is not going to run terrorism for Pakistan.

Confederation of All India Traders (CAIT) has expressed serious concerns about the items imported from China. CAIT said that there is a huge amount of hawala business, which is why the Chinese goods are cheaper in the market and the government seems to have a great deal of customs duty and tax.

CAIT also questioned whether this money of hawala is not given to Pakistan to carry out terrorist activities? In view of the seriousness of the matter, CAIT has demanded from the government that all aspects of the matter should be examined in depth and the culprits should be arrested. There is a connivance with officials of Indian port somewhere in this.

CAIT said that less than the cost of goods imported from China, the bill comes out and accordingly, it seems to be duty and IGST. This leads to a huge loss of revenue to the government.

National President of CAIT BC Bhartia and National General Secretary Pravin Khandelwal said, "Most of the goods imported from China in our country come on very low cost billing. In many cases, the goods come in something and the bill is anything else, so that at least the duty and the IGST will be there. '

He said that if the goods imported and the items written in the bills are matched, then it will know the difference between the two. Keeping this in mind, there is a need for very strict monitoring on goods coming from China on Indian ports.

Bharatya and Khandelwal also said that in this case the officials of different departments along with the importer are involved in this, due to which the business is running smoothly for a long time. This not only destroys the environment of the Indian market, but has created a crisis for the security of the country.

He also said that those who invent goods from China and give IGST on them, should take input credit of IGST from the law, but if this case is scrutinized, then it will know that no one has filed an input credit claim That is because all the goods are sold in the market without bills and due to this the goods are cheap.

At the same time, domestic products give full tax, due to which the Chinese goods are expensive. He said that this matter is related to the security of the country. Therefore, the government should take serious steps to investigate all the aspects of this matter. For instance, if the goods come from China, 50% more than the declared value of the government, then the government will auction it, then the whole truth of this game will come out.