DAWN.COM

Today's Paper | May 02, 2024

Published 21 Aug, 2020 06:58am

CNG dealers seek review of GIDC verdict

LAHORE: The All Pakistan CNG Association (APCNGA) on Thursday said that it has decided to file a review petition over the recent Supreme Court verdict on Gas Infras­tructure Develop­ment Cess (GIDC).

“We respect the decision taken by the Honourable Supreme Court of Pakistan but we have decided to file a review petition in this regard,” All Pakistan CNG Association Chairman Ghayas Paracha told Dawn.

Ogra has been unable to assess the correct valuation of gas price for CNG sector since 2012, he said.

The honourable high courts, he said, had halted payments of GIDC on two occasions and due to this, gas companies did not bill GIDC to the CNG sector. Therefore the CNG sector did not pass it to end consumers, he added.

Published in Dawn, August 21st, 2020

Read Comments

Pakistan's 'historic' lunar mission to be launched on Friday aboard China lunar probe Next Story