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ACA, FFA threaten to go on strike on 8pc turnover tax issue

byWaqar Ahmed Ansari
13/09/2015
in Karachi, Latest News, Slider News
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KARACHI: The members of the Air Cargo Association (ACA) and Freight Forwarders Association (FFA) have decided to observe strike after Federal finance Ministry failed to take measures against the 8 percent turnover tax.

As per details, the Finance Ministry had taken a week till September 11 to make decision on turnover tax but
it has now invited five committee members of both associations to Islamabad on September 16 to present their point of view on turnover tax before a special committee.

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Sources told Customs today that the government is not showing any interest to resolve this issue has it has let the decision pending till September 16.

the sources added that the agents are not able to pay 8 percent tax because they are providing services on just 2 percent margin. Therefore, they are demanding to take back the decision of 8 percent tax.

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