By WEB DESK: Chairman of the Pakistan Petroleum Dealers Association, Abdul Sami Khan, has announced that they will shut down their petrol pumps on July 5.
While addressing a press conference in Islamabad, Abdul Sami Khan stated that there is no way in the world to operate pumps at a loss, and double taxation is unprecedented.
He mentioned that today they met with the Finance Minister on an important issue, stating that a 0.5% tax has been imposed on them in the name of advance tax. This has already reduced their margin, causing them distress.
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Abdul Sami Khan warned that if this tax is imposed, their pumps will shut down. They have requested the Ministry of Finance not to treat them like other sectors, and if their business is ruined, they will take extreme measures.
The Chairman also highlighted that oil is being smuggled from Iran and their concerns are not being addressed. They have approached every institution, but no one listened.
He further added that they want an agreement with Iran and to impose taxes on Iranian oil, emphasizing that it is the government’s responsibility to stop smuggling
