Dairy industry irked over 10% tax
Major products categorised under fat filled milk category in Pakistan include tea whiteners and fortified milk
LAHORE:
Pakistan Dairy Association (PDA) has approached Prime Minister Imran Khan and Adviser to Prime Minister on Finance Abdul Hafeez Shaikh to request withdrawal of 10% sales tax imposed on fat filled milk products classified under eighth schedule of the Sales Tax Act, 1990. In a letter written to the government, PDA Chairman Zulfiqar Khalid Shaikh highlighted that the policy would not only damage dairy industry but also force consumers to buy adulterated and unhygienic loose milk. Major products categorised under fat filled milk category in Pakistan include tea whiteners and fortified milk based formula for children to address malnutrition. He added that milk is part of an integrated and closely interlinked food economy requiring a unified approach and board socio-economic policy, infrastructure and investment. “There is ample opportunity in this sector for growth and to improve the livelihoods of millions of small farmers associated with it,” he said. “The surge in animal feed prices will hurt small farmers the most.”
Published in The Express Tribune, June 19th, 2019.
Pakistan Dairy Association (PDA) has approached Prime Minister Imran Khan and Adviser to Prime Minister on Finance Abdul Hafeez Shaikh to request withdrawal of 10% sales tax imposed on fat filled milk products classified under eighth schedule of the Sales Tax Act, 1990. In a letter written to the government, PDA Chairman Zulfiqar Khalid Shaikh highlighted that the policy would not only damage dairy industry but also force consumers to buy adulterated and unhygienic loose milk. Major products categorised under fat filled milk category in Pakistan include tea whiteners and fortified milk based formula for children to address malnutrition. He added that milk is part of an integrated and closely interlinked food economy requiring a unified approach and board socio-economic policy, infrastructure and investment. “There is ample opportunity in this sector for growth and to improve the livelihoods of millions of small farmers associated with it,” he said. “The surge in animal feed prices will hurt small farmers the most.”
Published in The Express Tribune, June 19th, 2019.