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KARACHI: President of the Federation of Pakistan Chambers of Commerce and Industry (FPCCI) Mian Nasser Hyatt Magoo on Tuesday called for equal taxation for imported and locally-produced Liquefied Petroleum Gas (LPG) to provide local industry a level playing field. The FPCCI is not against the import of LPG but it is against disparities in taxation, he said while speaking at the first meeting of FPCCI’s Standing Committee on LPG. LPG imports should continue until local producers can meet the demand in full, he added. “Business acumen says the share of imported LPG is bound to increase in Pakistan under current circumstances,” Mr Magoo said while asking the LPG stakeholders to inform the Federal Board of Revenue’s Anomaly Committee of the demand for equal taxation. Large oil refineries producing LPG in Pakistan should also raise their voice and support their distributors, he said.

Mian nasser hyattMuhammad ali haiderFederation of pakistan chambers commerceBoard of revenue anomaly committeeStanding committeePetroleum gasPakistan chambersMian nasser hyatt magooLiquefied petroleum gasFederal boardAnomaly committeeமீயந் நாசர் ஹையட்முஹம்மது அலி ஹைடர்கூட்டமைப்பு ஆஃப் பாக்கிஸ்தான் அறைகள் வர்த்தகம்நின்று குழுபெட்ரோலியம் வாயு