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Home Chambers & Associations

ACAAP, PIFFA urges govt to withdraw turnover tax on service industry

byCT Report
27/08/2015
in Chambers & Associations, Latest News, Pakistan Chambers
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SIALKOT: The Air Cargo Agents Association of Pakistan (ACAAP) and Pakistan International Freight Forwarders Association (PIFFA) have jointly give a five-day deadline to the government to withdraw 8 percent turnover tax on service industry or they observe strike from September 1.

Both ACAAP and PIFFA gave this deadline to the government, while addressing an important meeting of all the main trade bodies in Sialkot. The meeting was held at the auditorium of Sialkot Chamber of Commerce and Industry. SCCI President Fazal Jillani chaired this meeting.  A large number of the air cargo agents, freight forwarders and exporters attended this meeting.

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Addressing the meeting, Senior Vice Chairman of ACAAP Irfan Younas termed the levy of 8 percent turnover tax on the service industry as a cut throat for this industry, saying that it would ruin the business of air cargo and freight in the country by increasing the cost of doing business for the exporters as well.

The meeting  a gave a five-day deadline to the government , asking the government to withdraw the said tax till the August 31st and after it all the air cargo agents and freight forwarders will come on the roads after closing their nation-wide businesses on September 01,2015 to lodge their strong protest against government, in this regard.

During this important meeting, the heads and representatives of Sialkot’s all the main trade bodies including Fazal Jillani President, Mir Alamgir Meyer SVP of Sialkot Chamber of Commerce and Industry (SCCI) and Muhammad Younas Chairman Pakistan Gloves Manufacturers and Exporters Association (PGMEA) expressed complete solidarity with the perturbed air cargo agents and freight forwarders in this regard. They also announced their full support for the air cargo agents and freight forwarders in this matter.

 

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