Recent discussions between industry representatives and Commerce Minister Jam Kamal Khan have highlighted the challenges posed by imported used footwear, which undermines local manufacturers despite Pakistan's capacity to produce nearly 700 million pairs annually. The imports are often declared at low values, creating an uneven playing field that discourages investment in local production. The proposed separate Harmonized System (HS) code for used footwear aims to improve regulatory oversight and customs valuation, addressing the loopholes that currently allow these imports to flood the market.
BUSINESSLast Update 14h ago
Pakistan Commerce Ministry Considers Separate HS Code for Used Footwear
60% POSITIVE
Industry stakeholders have raised concerns over the influx of imported used footwear, which accounts for 30-40% of the domestic market. A proposal for a separate HS code for used footwear is on the agenda for the Tariff Policy Board, aiming to enhance regulatory oversight and support local manufacturers.
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