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CNG sector opposes additional taxes
 
 
 
CNG sector opposes additional taxes

KARACHI- All Pakistan CNG Association (APCNGA) spoke up against imposition of additional taxes on the ailing CNG sector in the budget 2014-2015, today.


Central Chairman APCNGA, Pervaiz Khan Khattak, deemed this to be a discriminatory act since the KP government has increased tax up to Rs. 15,000 on owners of CNG filling stations and petrol pumps. In addition, another tax of Rs. 5000 per year has been imposed for using generators during electricity load shedding.


Whilst speaking at a hurriedly called meeting of the executive body of the association, Khattak claimed that this would not only increase the cost of fuel but also discourage the business community which has been providing jobs in such difficult times.


The CNG sector has already been paying fees, income tax and sales tax while buying natural gas at an exorbitant price; it could not bear any additional burden, which could ultimately compel them to revise the prices of the commodity, he added.


According to Khattak, the government has been collecting over 26 percent Sales Tax from CNG outlets despite the directives of the Supreme Court to collect 17 percent Sales Tax.


The APCNGA would be left with no option but to seek intervention by courts if the KP government did not reverse new taxes, he concluded.

 
 
 
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