Customs Today
  • Home
  • Islamabad
  • Karachi
  • Lahore
  • National
  • Transfers and Postings
  • Chambers & Associations
  • Business
No Result
View All Result
Customs Today
  • Home
  • Islamabad
  • Karachi
  • Lahore
  • National
  • Transfers and Postings
  • Chambers & Associations
  • Business
No Result
View All Result
Customs Today
No Result
View All Result
Home Latest News

Mohsin Aziz terms imposition of GIDC as unjustified, unconstitutional

byNadir Khan
26/05/2015
in Latest News, National
Share on FacebookShare on Twitter

Senator says GIDC bill passed in haste, needs to be discussed at the CCI before its re-promulgation

PESHAWAR: Pakistan Tehreek-e-Insaf leader and noted businessman Senator Mohsin Aziz termed the re-imposition of Gas Infrastructure Development Cess (GIDC), through an ordinance, as tantamount to negate constitutional rights of smaller provinces, particularly terrorism-affected Khyber Pakhtunkhwa.

The natural gas, a God-gifted treasure, is being produced in a surplus quantity in KP, so it is a legitimate right of people of the province to take first benefit from their gas, said Senator Mohsin Aziz while talking to the Customs Today.

You might also like

KP govt to present three-month budget

16/06/2026

Petrol prices in Pakistan likely to decline

16/06/2026

He said that instead of fully exploiting natural gas in Khyber Pakhtunkhwa, the federal government imposed ban on gas connection for industries and captive-power units in the province. Now, he added, it went further to deprive people of their constitutional rights, while re-imposing GIDC to collect billions of rupees through it, which merely aims to develop infrastructure in Punjab. He termed the move sheer injustice with the people of smaller provinces.

Senator Mohsin Aziz said that hefty amount of GIDC would be spent on liquefied natural gas (LNG) and Turkmenistan, Afghanistan, Pakistan and India (TAPI) gas-pipeline project, which could only benefit Punjab. He said that gas production in Punjab is next to nil, and its consumption of natural gas is double as compared to other provinces of the country. He said the federal government’s move would further bring economic and industrial stagnation and slow down businesses in Khyber Pakhtunkhwa.

Aziz, who is also vice chairman of Khyber Pakhtunkhwa Board of Investment and Trade (KP-BoIT), said that the GIDC was again implemented by the federal government through an ordinance, which was recently passed in the shape of a bill from both Houses of parliament.

He said the bill was passed in haste, which needed to be discussed at the Council of Common Interest (CCI) forum before its re-promulgation.

He said the GIDC was earlier levied in 2011 by the federal government by enacting the GIDC Act 2011 to develop different projects, including the Pakistan Iran (IP) Gas Pipelines Project, Turkmenistan-Afghanistan-Pakistan-India (TAPI) Pipelines Project, LNG Import Project and LPG Supply Enhancement Project. He informed that the Peshawar High Court (PHC) on June 13, 2013, declared the GIDC unconstitutional and the judgement was also upheld by the Supreme Court on August 22, 2014.

Related Stories

KP govt to present three-month budget

byCT Report
16/06/2026

PESHAWAR: The Khyber Pakhtunkhwa government has decided to present only a three-month budget for the next financial year instead of...

Petrol prices in Pakistan likely to decline

byCT Report
16/06/2026

ISLAMABAD: Following a sharp decline in global crude oil prices, petroleum product prices in Pakistan are expected to decrease in...

Govt eyes more global bond issues, sees budget upside from Iran deal

byCT Report
16/06/2026

ISLAMABAD: Pakistan could improve economic projections for 2027 after the end of the US war on Iran, but it is...

FBR notifies fresh customs values of steel pipes vide VR No68/2026

byCT Report
16/06/2026

KARACHI: The Federal Board of Revenue (FBR) has notified revised customs values for imported carbon steel seamless pipes through Valuation...

Next Post

Lahore Excise starts operation against property tax defaulters

  • Terms and Conditions
  • Disclaimer

© 2011 Customs Today -World's first newspaper on customs. Customs Today.

No Result
View All Result
  • Transfers and Postings
  • Latest News
  • Karachi
  • Islamabad
  • Lahore
  • National
  • Chambers & Associations
  • Business
  • About Us

© 2011 Customs Today -World's first newspaper on customs. Customs Today.