The Fruit Juice Council requested the intervention of Pakistan Muslim League (N) President and former Prime Minister Nawaz Sharif to advocate the federal government to abolish the 20 p.c federal excise obligation imposed on canned juices within the federal price range.
The Fruit Juice Council has requested former Prime Minister Nawaz Sharif to intervene to advocate the federal government to abolish the 20% federal excise obligation on packaged juices within the federal price range.
The FJC’s letter mentioned that whereas the juice business has been adversely affected by the federal government’s sudden imposition of 20 p.c federal excise obligation on canned fruit juices through the present monetary 12 months, fruit growers and farmers have additionally been adversely affected. have been affected whereas the anticipated exports of 100 million {dollars} are additionally feared to be affected by this transfer.
The letter mentioned that the business does a turnover of Rs 60 billion yearly, there’s 18 p.c GST on field pil cos, but 20 p.c federal excise obligation has been imposed past the price range.
The letter additional mentioned that Nawaz Sharif and Chief Minister Punjab enchantment to intervene within the matter and Chief Minister Maryam Nawaz to supply 20 rupees to the federal authorities within the federal price range for the following fiscal 12 months 2024-25 for the safety of Punjab’s agriculture. Advocate elimination of 1 p.c federal excise obligation.
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2024-06-10 11:29:13