Poultry industry: PPA questions logic of import duty
Whereas seeds of all other kinds have been exempted from any additional tax
PHOTO: AFP
KARACHI:
Irked at the government’s latest measure of increasing import duty on certain items, the Pakistan Poultry Association (PPA) on Wednesday opposed the implementation of 10% tax on the industry’s raw material.
The association expressed surprise that while additional import duty has been imposed on poultry seeds and raw material, finished chicken meat and its value added products are allowed to be imported duty free from Malaysia and on preferred lower rate of import duty from China and at only 5% duty from India, even though India has placed imports from Pakistan on their Sensitive List.
Published in The Express Tribune, December 10th, 2015.
Irked at the government’s latest measure of increasing import duty on certain items, the Pakistan Poultry Association (PPA) on Wednesday opposed the implementation of 10% tax on the industry’s raw material.
“The imposition of punitive duties on raw material of poultry industry will not only discourage growth, but will also damage the local poultry industry,” said the PPA statement.
The release questioned the logic behind additional 10% import duty levied on import of live poultry multiplying seeds ‘grandparents’, that produce parents which subsequently produce broiler chicks. Whereas seeds of all other kinds have been exempted from any additional tax.
The association expressed surprise that while additional import duty has been imposed on poultry seeds and raw material, finished chicken meat and its value added products are allowed to be imported duty free from Malaysia and on preferred lower rate of import duty from China and at only 5% duty from India, even though India has placed imports from Pakistan on their Sensitive List.
Published in The Express Tribune, December 10th, 2015.