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Home Chambers & Associations

Swat marble industrialists reject tax increase

byCustoms Today Report
25/09/2014
in Chambers & Associations, Trade Associations
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SWAT: The marble industrialists in Swat have rejected 200 per cent increase in royalty tax and threatened closure of their factories.

Swat Marble Industry Association (SMIA) President Haji Fazal Manan, addressing the meeting with association’s members, said that Malakand Division was exempted from taxes but they were paying a tax of 30 rupees per ton.

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Manan informed the meeting that concerned minister and Secretary Minerals had assured that final decision would be made by Chief Minister, but the notification was issued before holding of meeting with the CM.

Participants of the meeting rejected 200 percent increase and announced launching a movement to press their demands.

Tags: Chief Ministermarble industrialistsroyalty taxSecretary MineralsSwatSwat Marble Industry Association (SMIA)Swat Marble Industry Association (SMIA) President Haji Fazal Manan

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