LAHORE: The Lahore Chamber of Commerce and Industry on Tuesday urged the Federal Board of Revenue to withdraw decision to implement SRO 821(I) 2011.
In a joint statement issued here, the LCCI President Irfan Qaiser Sheikh, Senior Vice President Kashif Younis Meher and Vice President Saeeda Nazar said that the FBR should avoid implementing the SROs without the consultation of the business community for being the main stakeholders.
They said that the SRO 821(I) 2011 will have devastating effect on the businesses in Pakistan as the compulsory requirement of NTN or CNIC number of each and every purchaser or seller is practically almost impossible.
The LCCI office bearers said that the said SRO will strangle the already crisis-hit businessmen in the country.
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