The Islamabad Chamber of Commerce and Industry (ICCI) has urged the Capital Development Authority (CDA) to resolve the shops advertisement board tax issue on a priority basis by notifying the agreed tariff at Rs60 per square yard.
Acting ICCI President Khalid Chaudhry, in a statement issued on Wednesday, said a few months ago CDA had raised the shops advertisement board tax by 100 per cent — a move that traders had protested.
Chaudhry said CDA Director Municipal Administration Hamza Shafqaat, in a meeting with traders held on the instructions of CDA Member Administration Amer Ahmed Ali, had agreed that the civic agency would charge board tax at Rs 60/sq yd.
Traders were also assured that after the approval of the new budget, CDA officials would collect the board tax and contractors would have no role in this regard, said Chaudhry.
He claimed that complaints are pouring in against the contractors over the collection of board tax and appealed to CDA Chairman Maroof Afzal and the member administration to issue a notification fixing the board tariff at Rs60/sq yd.
The ICCI chief said all market associations in the capital had already been informed about the collection of board tax by CDA officials and that regarding the branded boards, CDA would revise the tariff. He appealed to all market associations to cooperate with the authority for the payment of board tax at Rs60/sq yd and not to pay heed to any contractor’s demand.
Published in The Express Tribune, July 24th, 2014.