Advance tax on lpg: Association chairman fears gas shortage

According to the data available on the website of OGRA, there was a huge import of LPG in last three years

ISLAMABAD: Fearing a LPG crisis in the upcoming winter season after an imposition of 5.5% Advance Tax on import of the commodity, Liquefied Petroleum Gas Distributors Association Pakistan (LPGDAP) Chairman Irfan Khokhar said, “LPG demand will increase in the coming winter season and we are afraid of a shortfall.” He said that approximately 300,000 metric tons of the gas would be needed to meet the demand of the commodity in the winter season from September to February. “We need approximately 50,000 to 60,000 tons of gas per month to maintain the supply chain,” said the chairman. According to the data available on the website of Oil and Gas Regulatory Authority (OGRA), Khokhar said there was a huge import of LPG in last three years. He said that he wrote to the OGRA chairperson to withdraw the advance tax on import of LPG permanently or just for six months as it would help import of sufficient fuel and its availability at prescribed rates.

Published in The Express Tribune, August 24^th, 2016.

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