ICCI seeks duty exemption

Published October 19, 2005

ISLAMABAD, Oct 18: The Islamabad Chamber of Commerce and Industry (ICCI) has asked the Central Board of Revenue (CBR) to issue a notification allowing exemption from duty those contribution made through departments and organizations.

ICCI President Abdul Rauf said in a statement issued on Tuesday that the State Bank of Pakistan had issued a notification exempting from tax the amounts paid in the president’s relief fund.

The ICCI chief said that it was not clear whether the same exemption would be available on the amount contributed by various persons through their departments and corporations.

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