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Performance
a) NTL 'S
role in national economy
NTL through
its trading activities has to fulfill economic and social
responsibilities entrusted to it in the country. NTL has its
social responsibility to maintain regular supply of daily
necessity goods at a reasonable price throughout the country.
NTL again has the responsibility to fulfill the needs of the
economic sectors like agriculture and industry and at a
reasonable price.
NTL has
rendered support services to the development of tourism by
providing duty free goods like whisky, beer, liquors,
cigarettes, tobacco, cigars, perfumes, etc. through its bonded
warehouse and duty free shop to persons with duty free
privileges as well as to out-going & in-coming tourists.
NTL has
assisted to various national development projects as roads,
building, factories etc. directly/indirectly by making available
of development goods (cement, iron rods, corrugated sheets,
machineries & so on) as well as to make available local expense
for different development projects from the proceeds of
commodities aid.
Through a
long accumulated experience of about quarter century, NTL has
expertise in handling imports by engaging in imports, and other
activities related to import performance. NTL has taken part in
regional and international trade fairs and exhibitions in order
to identify potential market for import and export.
NTL has
established its business contact with government and private
trading entities in the People's Republic of China,
USSR, India, Pakistan, Bangladesh, North Korea, Bulgaria, South
Korea, Thailand, Hong Kong, Japan, Singapore, Federal Republic
of Germany, Kingdom,
France,
Italy and the United States of America.
b) Pricing
of imported goods
The NTL
begin a state trading enterprise it is guided by service motive
while fixing the sales price of imported goods. NTL is committed
to keep the price quite reasonable and pass the maximum benefits
to the consumers. In this regard NTL’s valuation committee is
responsible for deciding correct prices for all types of goods
imported either under direct payment by the NTL or goods
received under commodity Aid.
NTL has a
separate cell in the organization, which is concerned with
pricing of the goods, and commodities, which it purchases. The
pricing is done not with a view to maximize profit but with view
to stabiles prices of similar commodities or substitutes in the
market. It is well to remember that by such stabilization of
prices it has serving the people for almost a quarter of a
century.
The
valuation committee undertakes regular study of prevailing
market prices in different parts of the country. While fixing
prices, it gives full consideration to the cost of procurement
of goods, clearing, forwarding charges and other overheads while
making provisions for a modest profit. Depending on the nature
and state of goods to be sold, the valuation committee, if
customer's needs as well as to eliminate unnecessary and
wasteful storage of goods.
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