SIALKOT: President Sialkot Chamber of Commerce and Industry (SCCI) Fazal Jillani has urged Federal Board of Revenue to withdraw the eight percent tax on cargo agents and freight forwarders as their strike affecting export and import activities of country badly.
He said that the Sialkot based exporters and importers were suffering from great financial losses, as they remained unable to ensure the timely dispatch of their export consignments to their foreign buyers as well.
Terming the levy of 8 percent turnover services tax on cargo agents and freight forwarders by the federal government as cruel act, the SCCI has urged the Federal Board of Revenue (FBR) to ensure the early withdrawal of this tax.
In a press release issued here today, SCCI President Fazal Jillani said that this levy of 8 percent turnover tax has already put the cargo agents and the freight forwarders into the big financial crisis, besides, putting them into the hot waters.
Expressing grave concern over this nasty situation, SCCI President added that the situation was worsening day by day due to which the perturbed cargo agents and freight forwarders would be forced to charge extra amounts from the over-burdened exporters.
On the other hand, the hundreds of the cargo agents and freight forwarders staged a demonstration in front of the Sialkot Dry Port Trust (SDPT) against the levy of 8 percent turnover taxes on services industries including the cargo agents and freight forwarders.
They chanted anti-government slogans and blocked Road for two hours, demanding immediate withdrawal of the said tax.
