LAHORE: Jewellers across the province termed imposition of tax on shops illogical and announced on Thursday to go on a shutdown strike from Oct 1.

“The government is not paying heed to our demands. And it seems that we are being left with no option but to protest,” said All Pakistan Sarafa, Gems and Jewellers Group chief Haji Muhammad Iqbal at a press conference.

“We are setting a week-long deadline for withdrawal of three per cent sales tax on jewellery shops having an area over 300 square feet. And if our demand is not accepted, we will launch protest by observing a complete strike from Oct 1,” Mr Iqbal, who was flanked by other office-bearers, announced.

They jewellers’ representatives said the government levied a monthly fix tax of Rs40,000 on small jewellers and 3pc sales tax on shops having covered area over 300 square feet. The representatives had met Federal Finance Minister Miftah Ismail on Aug 12 after which the fixed tax was deferred.

However, the sales tax was sustained and another 1pc import levy was also slapped. But jewellers, they claimed, do not fall under sales tax as they do not have any input in jewellery making except labour or manufacturing.

They claimed customers come with their old ornaments which jewellers recycle and refine into new designs. “Since we only charge making or price of stones, imposition of fixed tax or sale tax is illogical and it must be withdrawn with immediate effect,” Mr Iqbal said.

Published in Dawn, September 23rd, 2022

Opinion

Editorial

More leaks
Updated 29 Sep, 2022

More leaks

Recent leaks look more like an inside job than the work of a foreign power.
A depressing winter
29 Sep, 2022

A depressing winter

WINTER is on its way, with a massive gas crunch looming as elevated global LNG prices have eroded the cash-strapped...
Great expectations
29 Sep, 2022

Great expectations

CONSIDERING that the Afghan Taliban have been in the saddle for over a year now, the UN has expressed frustration...
The whole truth
28 Sep, 2022

The whole truth

THE war on truth has never been more relentless than it is today. Authoritarianism is on the rise and purveyors of...
Real-world trolls
Updated 28 Sep, 2022

Real-world trolls

It's reprehensible how PTI supporters now seem convinced that politicians from opposing camps aren't entitled to basic dignity.
Islamabad wildlife
28 Sep, 2022

Islamabad wildlife

PRESERVING biodiversity is low on the list of priorities of both state and society. However, successful attempts at...