LAHORE: The Liquefied Petroleum Gas (LPG) Distributors Association has urged the government to abolish taxes on LPG import to ensure adequate stocks for peak winter season.
LPG Distributors Association Chairman Irfan Khokhar said that hefty GST and other taxes up to 23 percent on LPG import was an impediment to the government’s efforts to ensure its stocks at an adequate level. Thus the policy-makers should revive matters on this front as well, he said.
“The government has to abolish taxes on LPG import for four months of peak winter, at least to overcome supply and demand situation and keep prices at affordable level for consumers,” he said.
He said the association was ready to cooperate with the government for extending relief to consumers and had prepared a summary spelling out approach to offset shocks in LPG market and maintain the commodity’s price stable at Rs 80 per kilogram with domestic cylinder at Rs 900, across the country.
He said Minister for Petroleum and Natural Resources Shahid Khaqan Abbasi even assured to abolish taxes on LPG import for one year period, but the consensus was evolved over four months from November to February to abolish taxes to encourage LPG import without having any major revenue impact for winter seasons where gas demand soared manifold.
