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Edge to Fata/Pata ghee units: PVMA to launch
drive against government policy
ISLAMABAD (April 22
2004): An emergent meeting of the Pakistan
Vanaspati Manufacturers Association (PVMA) on
Tuesday decided to launch an aggressive campaign
against what it termed as "ill-conceived
government policy" of providing edge to the ghee
industries of Federally-Administrated Tribal Area
(Fata) and Provincially-Administrated Tribal Area
(Pata) over the units in settled areas.
A source said the meeting noted with utter
dissatisfaction that the government was mum over
anomaly in taxes between Fata/Pata and settled
areas' ghee units.
It was of the view that the edge to ghee
industries in Fata/Pata of Rs 22 per kilogram was
killing the industry in the settled areas.
PVMA Chairman Babu Idrees chaired the meeting,
while PVMA Senior Vice-Chairman Ikram Shaikh, Haji
Akhtar, Mian Riaz, Shaikh Abdul Razak, Shaikh
Abdul Hafeez and other executive members attended
the meeting.
The PVMA decided to raise the issue at all
available fora, besides bringing the anomaly into
the notice of public at large through media.
Anomaly in taxes between Fata/Pata and settled
areas is a chronic issue and the PVMA has been
bringing the issue to the government notice for
the last two years.
Ghee industries in the Fata/Pata have benefit of
Rs 22 per kilogram over the industries of the
settled areas since they are exempted of taxes.
This anomaly has made the industry in settled
areas a hostage.
The PVMA said it had brought the anomaly to the
government notice and subsequently it introduced a
provision in the last year's budget to bring the
Fata/Pata into the tax net.
This measure could have brought the anomaly to an
end and provide a level playing field to all the
ghee industries, it added.
But it could not happen practically since
budgetary provision was yet to be implemented
despite a lapse of over nine months of the current
fiscal year.
The PVMA observed that the anomaly was a two-edged
sword since it damaged the ghee industries in
settled areas and, at the same time deprived the
national exchequer of millions of rupees in taxes.
The meeting also discussed in detail the issue of
sales tax refund, and decided to take the issue
with the Central Board of Revenue (CBR)
authorities.
Participants informed the meeting that the CBR
Chairman had given a categorical assurance to
their fellow industrialists during his visit to
Peshawar.
After a detailed discussion, the matter was left
to the CBR with a hope that the issue would be
resolved soon.
Courtesy Business Recorder |
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Pakissan.com; Advisory Point
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