LAHORE: The Punjab Revenue Authority (PRA) has decided to impose tax on oil tankers and no pressure will be bear from their associations.
According to sources of Customs Today Punjab Revenue Authority has decided to collect taxes from owners of oil tankers at the rate that will be decided with other provinces. The oil tankers’ owners, which are still out of the tax net, have threatened the government with strikes and suspending the oil supplies across the country if any tax was levied on them.
Earlier in a meeting of Provincial Revenue Boards of Punjab, Sindh and Khyber-Pakhtunkhwa have unanimously decided to impose uniform tax rate on goods transported by oil tankers across the provinces.
The meeting was also attended by officials of the Sindh Revenue Board (SRB) and Khyber-Pakhtunkhwa Revenue Authority (KPRA). Balochistan Revenue Authority (BRA) was unable to attend the meeting due to some official reason.
The meeting was attended by the PRA chairman and its members as host while SRB Tax Policy Adviser Syed Mushtaq Kazimi and KPRA Director General Yusuf Afridi represented their revenue authorities, respectively.
However, the meeting failed to finalize the formula on the basis of which tax would be collected and shared among the provinces.
