Displaying items by tag: All Pakistan Cement Dealers Association

Pakistan: The All-Pakistan Cement Distributors Association (APCDA) has asked the government to take heed of their strike call issued on 13 July 2024. The association is threatening action in response to new taxes and ordinances. These include a new sales tax, an increase in the 236-H income tax from 1% to 2.5% and the introduction of point-of-sale systems. APCDA said that the measures together made it ‘extremely difficult’ for cement dealers to operate. It called for exemptions or inclusion in a different presumptive tax regime in order to prevent industry collapse.

The News International newspaper has reported that association chair Chaudhry Sajid said that the new taxes will have to be passed on as additional costs for customers. He criticised the classification of cement as a fast-moving consumer good, as not all dealers are sufficiently ‘tech-savvy’ to adopt the requisite digital systems.

Pakistan: The All Pakistan Cement Dealers Association has suspended sales of cement in protest against ‘unjustifiable’ taxes. Asif Saeed, the president of the association, has accused the government and the Federal Board of Revenue (FBR) of levying ‘numerous’ taxes on the cement sector, according to the Business Recorder newspaper. He claimed that the association’s members will remain on strike until their demands are met.