Ghee, oil factories will be closed if tax exemption to Fata Pata is not removed, Abdul Razzaq, Sheikh Umar Rehan.
Karachi Pakistan (June 2024) All ghee mills working in Pakistan have declared war against the government. Chairman Ghee Mill Association said that if the Fata Pata scheme is maintained in the federal budget 2024-25, ghee oil factories will be closed across the country from July 1.
On Friday, Chairman PVMA Abdul Razak while addressing the press conference along with former chairman PVMA Sheikh Umar Rehan said that all ghee oil factories working in Pakistan are paying tax on 85 rupees per kg. Factories are giving only 15 rupees per kg, PVMA members have decided to go to the Supreme Court against the government’s decision, we will have a legal battle and a strike together.
Sheikh Umar Rehan said on this occasion that the price of ghee per kg will increase by 10 to 12 rupees after the budget is passed, 156 ghee mills are working across the country, fifty percent of the ghee mills have been closed due to Fata Pata.
Chairman PVMA Abdul Razak and former chairman Sheikh Umar Rehan addressing a press conference against the federal budget at Federation House.
He said. That the current finance minister is also looking helpless in front of these forces, 3 million tons of edible oil is imported across the country, in which Fata Pata is importing 353,000 tons, Fata Pata’s tax-free oil and ghee are coming back to the country.
Sheikh Umar Rehan said that if the tax exemptions given to FATA and PATA are reviewed in 6 years, then the government has lost about 180 billion to 200 billion rupees. The tax exemption given to Fata Pata should be removed immediately to save the government revenue and save the ghee industry of Pakistan.
