BR100 Increased By (1.02%)
BR30 Increased By (1.71%)
KSE100 Increased By (0.58%)
KSE30 Increased By (0.65%)
BECO 6.03 Increased By ▲ 0.26 (4.51%)
BML 52.61 Decreased By ▼ -0.39 (-0.74%)
BOP 34.23 Increased By ▲ 0.24 (0.71%)
CNERGY 8.16 Increased By ▲ 0.05 (0.62%)
DCL 12.23 Increased By ▲ 0.03 (0.25%)
FCCL 53.80 Increased By ▲ 0.97 (1.84%)
FCSC 5.24 Increased By ▲ 0.17 (3.35%)
FFL 18.03 Increased By ▲ 0.08 (0.45%)
FNEL 1.30 Increased By ▲ 0.01 (0.78%)
HUMNL 11.00 Increased By ▲ 0.12 (1.1%)
KEL 8.07 Increased By ▲ 0.05 (0.62%)
KOSM 5.39 Decreased By ▼ -0.13 (-2.36%)
MLCF 87.90 Increased By ▲ 1.39 (1.61%)
NBP 186.60 Increased By ▲ 1.44 (0.78%)
PACE 10.75 Increased By ▲ 0.17 (1.61%)
PAEL 39.95 Increased By ▲ 0.53 (1.34%)
PIAHCLA 26.19 Decreased By ▼ -0.03 (-0.11%)
PIBTL 17.32 Increased By ▲ 0.65 (3.9%)
PPL 233.49 Increased By ▲ 5.31 (2.33%)
PRL 34.98 Increased By ▲ 0.30 (0.87%)
PTC 67.71 Increased By ▲ 2.38 (3.64%)
SEARL 90.90 Increased By ▲ 0.77 (0.85%)
SSGC 27.20 Increased By ▲ 0.60 (2.26%)
TELE 8.57 Increased By ▲ 0.29 (3.5%)
THCCL 60.85 Increased By ▲ 2.35 (4.02%)
TPLP 8.78 Increased By ▲ 0.56 (6.81%)
TREET 24.65 Increased By ▲ 0.12 (0.49%)
TRG 71.50 Increased By ▲ 1.79 (2.57%)
WAVES 10.01 Increased By ▲ 0.07 (0.7%)
WTL 1.27 Decreased By ▼ -0.01 (-0.78%)
Business Print edition: 2021-06-24

CNG sector seeks withdrawal of additional taxes & duties

ISLAMABAD: The CNG sector has demanded withdrawal of additional taxes and duties. Former Chairman APCNGA Ghiyas...
Published June 24, 2021 Updated June 24, 2021 03:36am

ISLAMABAD: The CNG sector has demanded withdrawal of additional taxes and duties.

Former Chairman APCNGA Ghiyas Paracha said the government should facilitate the CNG sector to import LNG for personal consumption and import of only 50 mmbtu would fetch a revenue of Rs100 billion for the government.

He said the Sui companies no longer enjoyed monopoly in that era of deregulation and that the government should ensure implementation of gas distribution policies, so that the private sector could work with peace of mind and ensure import of private gas.

“State-owned companies never listen to the government and the whole burden is shifted on the CNG sector and general industry, in case of any problem like shortage of local or imported gas or any technical fault,” he added.

Paracha said the supply of gas had been suspended for the CNG stations in the province of Sindh, despite the fact that the sector was consuming a small slice of the gas, while the same might be repeated in Punjab.

The axe would always fall on the CNG sector and the general industry as soon as winter set in, he said, adding “the government should stop step-motherly attitude with the troubled sector; otherwise, we will launch a countrywide protest.”

Copyright Business Recorder, 2021

Comments

Comments are closed for this article.