INSUBCONTINENT EXCLUSIVE:
The Ministry of Finance says it has increased the customs tariff on unprocessed minerals to 25 percent which was previously five
percent.According to the decision, the customs tariff is set at 10 percent per ton of processed mineral.However, the officials of
Afghanistan Chamber of Industries and Mines (ACIM) said Friday that they are not able to pay the customs tariffs, asking the government to
reconsider this decision.Officials of the finance ministry have added that they set this price according to the position of the country&s
exports in the world markets.Meanwhile, Afghanistan&s mineral exports have a special place in the global markets, including China, India,
Britain, Germany, Turkey, America, Japan, Indonesia and Malaysia.In the meantime, officials of ACIM have opposed the decision made by
finance ministry, saying that the Tariff Committee of the ministry should increase the tariff based on the calculation of the private
sector, adding that because traders will suffer with a 20 percent tariff increase.Moreover, Afghanistan Chamber of Commerce and Investment
(ACCI) said that as a result of increasing the capacity of mineral processing factories in the country, Afghanistan has been able to export
one million tons of minerals this year, adding that if the electricity problems of these mineral processing factories are solved, the export
of processed minerals will also increase.The post Finance ministry increases customs tariff of mineral exports to 25% first appeared on
