Tax on LPG slammed

Published February 19, 2021

LAHORE: The importers of liquefied petroleum gas (LPG) on Thursday warned of a complete shutterdown and wheel-jam strike from March 1 if the additional levy of Rs4,669 per tonne was imposed on LPG imports via land route as proposed by the Ministry of Planning & Development.

This illogical proposal of Rs4,669 per tonne tax on LPG coming from the land route to Pakistan should be withdrawn immediately, said LPG Industries Association Chairman Irfan Khokhar at a joint press conference. He was accompanied by LPG Companies and Importers Association of Pakistan President Sheikh Amir Nadeem and All Pakistan LPG Transport Association Chief Sheikh Ayaz Ahmed.

The LPG association representatives asserted that LPG shops and plants will be closed down and fuel tankers from Khyber to Karachi will remain off the road on March 1 if the proposed move is implemented.

The enraged LPG sector leaders said the planning ministry has proposed to the Cabinet an additional levy of Rs4,669 per tonne on LPG coming from land to increase the Regulatory Duty. Those who import LPG by land pay 5.5 per cent Advance Income Tax.

Published in Dawn, February 19th, 2021

Opinion

Editorial

X post facto
Updated 19 Apr, 2024

X post facto

Our decision-makers should realise the harm they are causing.
Insufficient inquiry
19 Apr, 2024

Insufficient inquiry

UNLESS the state is honest about the mistakes its functionaries have made, we will be doomed to repeat our follies....
Melting glaciers
19 Apr, 2024

Melting glaciers

AFTER several rain-related deaths in KP in recent days, the Provincial Disaster Management Authority has sprung into...
IMF’s projections
Updated 18 Apr, 2024

IMF’s projections

The problems are well-known and the country is aware of what is needed to stabilise the economy; the challenge is follow-through and implementation.
Hepatitis crisis
18 Apr, 2024

Hepatitis crisis

THE sheer scale of the crisis is staggering. A new WHO report flags Pakistan as the country with the highest number...
Never-ending suffering
18 Apr, 2024

Never-ending suffering

OVER the weekend, the world witnessed an intense spectacle when Iran launched its drone-and-missile barrage against...