GTRI: Some Companies Misuse Duty-Free Scheme

Imagine a program meant to help businesses export goods by letting them import supplies without paying taxes.

GTRI, a research group, claims this program is being misused.

Some companies are importing expensive items like whey protein, claiming they're needed for products they export, like biscuits.

However, they're not actually using these imports in production.

GTRI says this is happening because of unclear rules and a lack of oversight, calling it a 'licence to loot.'

They suggest changes like checking past licenses and limiting the program to items with lower import taxes to stop the misuse.