Karachi Chamber of Commerce and Industry’s President urges Finance Minister Ishaq Dar to take notice of issue of 500 per cent increase in income tax faced by Goods Transporters, Truck Owners and Bus Owners

Karachi, September 12, 2013 (PPI-OT): Karachi Chamber of Commerce and Industry’s President Muhammad Haroon Agar has urged Finance Minister Ishaq Dar to take immediate notice of the highly serious issue of 500 per cent abrupt increase in the income tax faced by the Goods Transporters, Truck Owners and Bus Owners of Pakistan whereby the Federal Board of Revenue has exorbitantly increased the income tax from Rs.1 to Rs.5 per kg as per laden weight of goods vehicles and Rs.100 to Rs.500 per seat capacity of buses.

This unprecedented increase has created widespread discontentment in the entire transport community of Pakistan and necessitates immediate review of the by the FBR in the interest of justice.

He also urged the Interior Minister Chaudhry Nisar to take serious notice of the increasing cases hijacking of vehicles loaded with goods worth billions on rupees plying on the highways to upcountry destination, particularly, establishing police pickets at the northern bypass and national highways and providing police escort to goods vehicles and buses in the sensitive areas amid rampant criminal activities.

He voiced that government should consider the genuine demands of the transporters and remove the grievances faced by them in the hands of FBR and other concerned. President KCCI has assured the delegation of Supreme Council of All Pakistan Transporters (SCAPT) best cooperation and support to address their problems stating that he will recommend their genuine grievances for redressal to all concerned quarters.

Supreme Council of All Pakistan Transporters (SCAPT) nine-members delegation led by its Chairman Captain (Retd) Asif Mahmood accompanied by the other Office Bearers and Representatives from all four provinces visited KCCI to meet the President KCCI Haroon Agar with a request to support them in resolving their burning issues as the transporters were providing their services to transport the goods/ materials of the business community and industries to all the up and down country destinations. T

he FBR has exorbitantly increased the income tax from Rs.1 to Rs.5 per kg as per laden weight of goods vehicles. In Rupees terms the yearly income tax of a vehicle has been increased from Rs.68000/- to Rs.428,000/- which is highly justified from every angle. Moreover, income tax on buses is enhanced from Rs.100 to Rs.500 per seat capacity of buses which are providing services to commuters particularly the businesspersons to all the major cities.

He informed that the FBR authorities got approved this unjustified and enormous increase last year vide Gazette Notification dated 27th June, 2012 without their consultation and unveiled on belated stages and now they are demanding the said unfair income tax for the current year along with the arrears of previous year.

He said that though the Chairman FBR gave a patient hearing to the Supreme Council delegation on 25th July, 2013 who realized the enormous increase in the income tax but the matter is still lying pend with FBR.

The FBR officials discreetly held meetings with the representatives of Oil Tanker and subsequently reduced the enhanced tax from Rs.5/- to Rs.2/- per laden weight of oil tankers but they have not applied the relevant SRO 126 dated 13th February, 2013 to goods transport vehicles which is discriminatory.

He further added that at Rahimyar Khan the buses and goods transport vehicles are now being challaned with Rs.1 lakh to Rs.3 lakhs. He stated that besides income tax, the transporters were paying thousands of rupees against each vehicle in the heads of tool taxes, excise, motor vehicle taxes, fitness and of course millions of rupees in consumption of heavily taxes diesel. Each vehicle pays over Rs.2 lacs in the head of tool tax.

The criminal elements were also hijacking and looting vehicles loaded with goods and killing of drivers which need immediate attention by the law enforcing agencies. They requested President KCCI to support them in their genuine problem and to approach the Finance Minister and other concerned to hold meetings with Supreme Council of All Pakistan Transporters to hear their problems and solve upto their satisfaction.

Shamim Firpo, Senior Vice President, Nasir Mehmood, Vice President and Managing Committee Members were also present in the meeting. Supreme Council’s Senior Vice Chairmen Aslam Niazi, General Secretary Hanif Khan Marwat, Chief Coordinator Malik Riaz, Vice Chairmen Khan Dil Khan Niazi, Ghafoor Khan Niazi, Muhammad Ismail Hasni, Rauf Khan Niazi and Information Secretary Akhtar Saeed representing the owners and Association of oil tankers, goods transport truck, trailers and buses from four provinces of Pakistan also participated in the meeting.

For more information, contact:
M. Shafiq Baig
Public Relations Officer
Karachi Chamber of Commerce and Industry (KCCI)
Aiwan-e-Tijarat Road,
Shahrah-e-Liaquat, Karachi-74000
Tel: +9221 9921 8001 -09
Fax: +9221 9921 8010
Email: pro@kcci.com.pk, pro2@kcci.com.pk
Website: http://www.kcci.com.pk/