Karachi: Mr. Tariq Zakaria the Senior Vice Chairman of Pakistan Soap Manufacturers Association has demanded immediate withdrawal of mandatory condition of CNIC/ NTN vide SRO-821(I)/2011 for all purchases made by any unregistered person which cerates immense hurdles in doing business smoothly and business and industrial community cannot comply with it.
PSMA Chairman has stated that numerous complaints were received from members on revised Income Tax, Sales Tax and Federal Excise Returns especially on CNIC/NTN condition which became mandatory from January 1, 2012.
He further said, Unilateral decision should not be taken by FBR and this is very unfortunate that major changes have been made without consultation with the business and industrial community of Pakistan which has made it practically impossible to file the tax returns and would only result in declining tax revenue also force genuine tax payers` to operate outside the tax net. Our Association has 130 members, who contribute 1.6 revenue of the revenue to the government.
He demanded that FBR should not burden the already registered tax payers by imposing condition of furnishing CNIC/NTN for their sales because business and Industrial community, already facing manifold problems like power, gas and water shortage, law and order situation and 2-weekly holidays etc.
Mr. Tariq Zakaria demanded that FBR should involve its own tax machinery and leave the Business Community alone to concentrate on its business, and to increase its income which result the enhanced tax revenue.
He urged that the dictates of FBR cannot be followed unless the majority of non-tax payers are brought into tax net without any discrimination. He also urged for equal treatment to the taxpayers by the tax collectors, with no discrimination in respect of penal action. Therefore, it is in the interest of the Business and Industrial Community and for National Exchequer to settle this issue as soon as possible.
For more information, contact:
Pakistan Soap Manufacturers Association
Mr. Syed Ejaz Ahmed (Secretary )
Pakistan Soap Manufacturers Association Room no. 148,
Sunny Plaza, 1st floor, Hasrat Mohani Road,
Off I.I. Chundrigar Road Karachi
Tel: +92 (0) 21 263 4648
Fax: +92 (0) 21 221 8937