DASKA,
(SANA): The manufacturers of agriculture implements and machinery have appealed
to the government to withdraw 16 percent General Sales Tax (GST) on
agriculture tools and machinery in the interest of the industry.
Executive member of
Pakistan Agricultural Machinery Implements Manufacturers Association (PAMIMA)
and Executive member of Engineering Development Board Muhammad Iqbal Mughal
while talking to SANA exclusively here on Wednesday said that the government
has already reduced General Sales Tax (GST) from 16 percent to 5 percent on
tractors, but 16 percent GST on agricultural machinery and inputs still stands.
He regretted that the sale
of agri-tools and machinery dropped to 60 percent, adding that farmers prefer
using traditional modes of agriculture due to lower costs. He has appealed to
the government to exempt agri-tool and machinery from 16 percent General Sales
Tax (GST) for smooth growth of the industry and agri-sector.
A progressive manufacturer,
Asif Muhammad said that due to 16 percent GST on agricultural machinery and
implements the sale was not encouraging. “Though Farm Mechanization for Food
Security scheme was initiated by Punjab government but due to imposition of GST
the growers were reluctant to purchase new machinery and doing farming with
traditional modes”.
According to available
information there are 96 small and big agri- tools manufacturing units in Daska
and around it. Machinery likes wheat reaper, wheat thrashers, multipurpose
reaper machines and land laser levelers, besides fodder cutters and wheat
sowing machines are being manufactured in the area.
Ends-SANA-AA-ZS
http://www.sananews.net/english/agricultural-tool-manuf.acturers-demand-withdrawal-of-gst/
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