BAFL 51.82 Decreased By ▼ -0.69 (-1.31%)
BIPL 22.37 Decreased By ▼ -0.43 (-1.89%)
BOP 5.63 Decreased By ▼ -0.05 (-0.88%)
CNERGY 4.96 Decreased By ▼ -0.13 (-2.55%)
DFML 18.84 Decreased By ▼ -0.51 (-2.64%)
DGKC 79.66 Decreased By ▼ -1.14 (-1.41%)
FABL 32.51 Decreased By ▼ -0.59 (-1.78%)
FCCL 19.84 Decreased By ▼ -0.39 (-1.93%)
FFL 10.61 Increased By ▲ 0.04 (0.38%)
GGL 13.53 Decreased By ▼ -0.09 (-0.66%)
HBL 124.52 Decreased By ▼ -5.65 (-4.34%)
HUBC 119.55 Decreased By ▼ -3.07 (-2.5%)
HUMNL 7.92 Decreased By ▼ -0.13 (-1.61%)
KEL 4.49 Increased By ▲ 0.04 (0.9%)
LOTCHEM 27.82 Decreased By ▼ -0.10 (-0.36%)
MLCF 41.76 Decreased By ▼ -0.94 (-2.2%)
OGDC 125.24 Decreased By ▼ -0.37 (-0.29%)
PAEL 22.04 Increased By ▲ 0.69 (3.23%)
PIBTL 6.25 Increased By ▲ 0.13 (2.12%)
PIOC 116.05 Decreased By ▼ -1.95 (-1.65%)
PPL 113.96 Increased By ▲ 0.11 (0.1%)
PRL 30.11 Decreased By ▼ -1.69 (-5.31%)
SILK 1.25 Increased By ▲ 0.15 (13.64%)
SNGP 70.12 Increased By ▲ 0.72 (1.04%)
SSGC 13.56 Decreased By ▼ -0.16 (-1.17%)
TELE 9.51 Increased By ▲ 0.27 (2.92%)
TPLP 15.13 Increased By ▲ 0.38 (2.58%)
TRG 97.42 Increased By ▲ 4.57 (4.92%)
UNITY 28.26 Increased By ▲ 0.76 (2.76%)
WTL 1.71 Increased By ▲ 0.05 (3.01%)
BR100 6,781 Decreased By -34.3 (-0.5%)
BR30 23,966 Decreased By -279.4 (-1.15%)
KSE100 66,012 Decreased By -211.3 (-0.32%)
KSE30 22,048 Decreased By -75.1 (-0.34%)

ISLAMABAD: The Petroleum Division has called a consultative meeting of stakeholders on Sunday (July 11) to take important decisions on taxes and duties, which can be a hurdle in the smooth supply of LPG especially during winters.

The notification says that the Petroleum Division has invited representatives of the Oil and Gas Regulatory Authority (Ogra), the OGDCL, the Sui Southern Gas Company Ltd (SSGC), Pakistan LNG Marketing Association, Oil Companies Advisory Council, Pyramid Gas (Pvt) Ltd, Pakistan State Oil Company, Parco, Engro Vopak Terminal (Pvt) Ltd, and Consumer

Rights Commission of Pakistan, etc.

The importers of LPG already warned of a complete shutter-down and wheel-jam strike, if the additional levy of Rs4,669 per tonne was imposed on LPG imports via land route as proposed by the Ministry of Planning and Development was not withdrawal.

The LPG association representatives asserted that the LPG shops and plants will be closed down and fuel tankers from Khyber to Karachi will remain off the road, if the proposed move is implemented. The enraged LPG sector leaders said the Planning Ministry has proposed to the Cabinet an additional levy of Rs4,669 per tonne on LPG coming from land to increase the Regulatory Duty. Those who import LPG by land pay 5.5 per cent advance income tax.

Copyright Business Recorder, 2021

Comments

Comments are closed.