ISLAMABAD: Amid the chilling weather and sky-high inflation, people looking for cheap warm clothes in the country’s several ‘Landa Bazars’ will have to face the inflationary pressure in such markets too, ARY News reported.
According to a report, the government has raised the tax on such imported goods from Rs81 to Rs225 per kilo, forcing the sellers to raise prices of otherwise cheap clothes, blankets and other warm clothes
The notification issued in this regard, stated that the 5 percent sales and 5 percent customs duties imposed on imported used goods, also includes 10 percent regulatory duty and 5.5 percent income tax.
After the hike in the values of taxes, the imported used items will become expensive which includes warm clothes, sweaters, blankets, coats, and shoes, moreover, children’s toys will also become more expensive.
Inflation has already dealt a heavy blow to the people of the country, especially the poor, according to Sensitive Price Indicator (SPI) for the combined consumption group in the week under review witnessed an increase of 28.76 percent. The weekly SPI with base year 2015-16 =100 is covering 17 urban centers and 51 essential items for all expenditure groups.
During the week, out of 51 items, prices of 20 (39.22%) items increased, and 17 (33.33%) items remained stable.
The commodities which recorded increase in their average prices included chicken (9.86%), pulse masoor (2.00%), tea lipton (1.72%), rice irri-6/9 (1.15%) and wheat flour (1.12%).
The commodities that witnessed an increase in prices on YOY basis included onions (482.30%), chicken (67.42%), tea lipton (65.41%), diesel (65.05%), petrol (52.19%), salt powdered (51.99%), bananas (47.95%), pulse moong (47.13%), eggs (47.07%), pulse gram (45.24%) and mustard oil (40.97%).
