LPG taxes, duties: Stakeholders to meet today

ISLAMABAD: The Petroleum Department has referred to as a consultative assembly of stakeholders on Sunday (July 11) to take essential choices on taxes and tasks, which could be a hurdle within the clean provide of LPG particularly right through winters.

The notification says that the Petroleum Department has invited representatives of the Oil and Gasoline Regulatory Authority (Ogra), the OGDCL, the Sui Southern Gasoline Corporate Ltd (SSGC), Pakistan LNG Advertising and marketing Affiliation, Oil Firms Advisory Council, Pyramid Gasoline (Pvt) Ltd, Pakistan State Oil Corporate, Parco, Engro Vopak Terminal (Pvt) Ltd, and Shopper

Rights Fee of Pakistan, and many others.

The importers of LPG already warned of a whole shutter-down and wheel-jam strike, if the extra levy of Rs4,669 in keeping with tonne was once imposed on LPG imports by the use of land path as proposed via the Ministry of Making plans and Construction was once no longer withdrawal.

The LPG affiliation representatives asserted that the LPG retail outlets and crops shall be closed down and gasoline tankers from Khyber to Karachi will stay off the street, if the proposed transfer is applied. The enraged LPG sector leaders mentioned the Making plans Ministry has proposed to the Cupboard an extra levy of Rs4,669 in keeping with tonne on LPG coming from land to extend the Regulatory Responsibility. Those that import LPG via land pay 5.5 in keeping with cent advance source of revenue tax.

Copyright Industry Recorder, 2021

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