Page 51 - 30APR2019E
P. 51
per cent to 500 per cent on import of fourth time which speaks the language
Chinese goods. It has also demanded and mindset of China.
the Government to give a special pack- The fact very fact of imposing trade
age to traders and small industries to barriers on Chinese imports has not
produce quality goods at a competi- been evaluated seriously which is
tive price so that our dependency on resulting into greater influx of Chi-
the Chinese goods is minimized. It can nese material to India. Beside tariff, the
easily be done since whatever material Government needs to improve vigi-
is imported from China do not require lance at Indian ports as most of the
any much technique and our domestic imports from China are arriving
producers are comfortable to produce undervalued and the valuation officer
same goods with good quality. at the Ports do not take trouble to cross
Praveen Khandelwal, Secretary Gen- check the declared value. Further many
eral of CAIT told, “Since last one month times, the nomenclature shown in
we have sent several representations to the bill is entirely different from the
Government and hope that those are actual material.
being seriously considered as China has This fact needs to be looked into
emerged one of the most prominent seriously and preventive steps should
enemies of India by supporting Paki- be taken by the Government to ensure
stan. As such the minimum import of that imports from China should be on
Chinese goods will wreck the econom- actual value basis and custom duty and
ic structure of China as India is World’s IGST should be levied at actual value. If
largest market for China. Our exports it happens, automatically the Chinese
are very low in comparison to imports goods will become higher than Indian
from China. This equation needs to be goods and a fair competition can be
equated and in all cases our exports to held. It is well within the authority of
the Government and it must execute
this authority and break the nexus
said RS Sachdeva, President, Punjab In the wake of China between officials and importers. It is
Chapter, PHD Chamber of Commerce constantly supporting also to be ensured that imports from
and Industry. China should not be forwarded to grey
While trade ties with Pakistan has Pakistan in every form, market.
been undermined on grounds of po- the Confederation of Both countries, though understand
litical animosity, the same has not been the urgent need to restore peace on
replicated in case of another neigh- All India Traders has two sides of the Line-of-Control, yet a
bour and trade partner, China who solution remains a pipe dream because
has been supporting Pakistan in its raised the issue of political interests are paramount. The
anti-India pursuits in the international boycotting Chinese military escalation between the two
political arena. While Indian traders nuclear-armed countries post Pulwa-
have vehemently opposed China dump- products ma attacks and airstrikes conducted by
ing its goods in Indian market; there has India on terror camps in Pakistan has
always been a lukewarm response from China must increase.” caused an immense damage, both in
government on this issue. He added that the trade volume terms of casualities and diplomatic ties.
China in a very clandestine man- between India and China needs to be Amidst the rhetoric and mutual con-
ner has been successful in market- brought down to a greater extent. We demnation of political elites, the pre-
ing its goods to Indian market in large need to educate traders and consumers dicament of those who are on fringes
quantity and being a cheaper product, through a national campaign that us- and politically trivial has been relegat-
though may not be of quality standards age of Chinese goods are not in favour ed to the insignificant level. Withdrawal
attract the consumers. In the wake of of our Country and its security as long of MFN status to Pakistan, while com-
China constantly supporting Pakistan as China continue its support to Paki- pletely understandable, considering
in every form, the Confederation of stan which is being used by Pak to con- the circumstances has major implica-
All India Traders (CAIT) has raised the duct terror activities in India. The veto tions on trade between the neighboring
issue of boycotting Chinese products. of China in case of declaring Masood countries.
The CAIT has urged the Government Azhar as global terrorist is one such live
to levy a custom duty ranging from 300 example and this has happened for the letters@tehelka.com
Tehelka / 30 april 2019 51 www.Tehelka.com

