The government should abolish general sales tax imposed on raw material for exports goods.

[jee_nee_us]

Pakistan exports are already struggling to compete with the rest of the world , the imposition of taxes will only adversely affect the export industry to compete. The government is targeting to collect tax of 89-90 billion rupees through this but they are doing it at a cost of further decline in exports and hence loss of precious foreign reserves. Either reduce the sales tax percentage or completely abolish it , pakistan export industry cant take it.

 

[3rd_Umpire]

جی بالکل، نتیجتاً ایکسپورٹ بڑھے گی،، اور
سیلز ٹیکس کی مد میں جمع ہونے والی رقم سے کہیں ذیادہ آمدن ہو سکتی ہے

 

[hans271270]

Idiots you can reclaim after you export you want to sale in local market and avoid taxes this is not on

 

[aazad.mubassir]

Mostly so called raw material imported by industry is actually assembling parts for local industry. The Auto industry installed their plants with the promise of 100% local manufacturing but still they are relying on 50% to 70% imported parts (so call raw material for them) for assembling a vehicle. That's the big cause of high car prices. Similarly lots of chemicals can be locally produced but manufacturers least bother and they try to import almost everything as a raw materials. We are badly in need to cut down our import bill since Exports are stagnant for last 4-5 yrs.

Pakistan exports are already struggling to compete with the rest of the world , the imposition of taxes will only adversely affect the export industry to compete. The government is targeting to collect tax of 89-90 billion rupees through this but they are doing it at a cost of further decline in exports and hence loss of precious foreign reserves. Either reduce the sales tax percentage or completely abolish it , pakistan export industry cant take it.

 

[aazad.mubassir]

That's not the fact. The exporters were allowed to sell their goods on flat rate of 1%, exploiting that loop hole, they started selling it in the name of export to the local market! The local producer cannot compete with them. So the solution is impose Sales tax on both import and export sides. So they can recover the sales tax when they sell it either locally or export it.

جی بالکل، نتیجتاً ایکسپورٹ بڑھے گی،، اور
سیلز ٹیکس کی مد میں جمع ہونے والی رقم سے کہیں ذیادہ آمدن ہو سکتی ہے

 

[Shahid Abassi]

Brother, You need to know a bit more before raising these questions.
Export industry does not pay GST on their purchase of raw material or whatever else they purchase. Or let me say it this way that they initially pay the GST on their raw material but when they show an export invoice of the finish product and corresponding bill of lading then they get their already paid GST on the raw materials refunded.

Until now was it zero-rating policy where exporter did not pay GST on their raw materials but then they were cheating in a way where half of the production was exported and half of it was sold in the local market. So the government adjusted their policy in a way where they now only get that raw material GST free which goes in to exported goods while they pay full GST on the other part of raw material which was used to produce goods for the local market.

 

[jee_nee_us]

Brother, You need to know a bit more before raising these questions.
Export industry does not pay GST on their purchase of raw material or whatever else they purchase. Or let me say it this way that they initially pay the GST on their raw material but when they show an export invoice of the finish product and corresponding bill of lading then they get their already paid GST on the raw materials refunded.

Until now was it zero-rating policy where exporter did not pay GST on their raw materials but then they were cheating in a way where half of the production was exported and half of it was sold in the local market. So the government adjusted their policy in a way where they now only get that raw material GST free which goes in to exported goods while they pay full GST on the other part of raw material which was used to produce goods for the local market.

thanks for the clarification , I am from sialkot and there are a lot of banners in sialkot against it. Black banners.

 

[Shahid Abassi]

اردو میں بھی اس کی وضاحت کر دوں۔
آج تک ایکسپورٹ کمپنیوں کا سارے کا سارا خام مال جی ایس ٹی فری تھا لیکن یہ کمپنیاں اس جی ایس ٹی فری خام مال سے پراڈکٹ بنا کر آدھا ایکسپورٹ کرتی تھیں اور باقی ماندہ مال مقامی مارکیٹ میں بیچ لیتی تھیں ۔ اس طرح یہ کمپنیاں ناجائز فائدہ اٹھا رہیں تھیں۔
اب صرف یہ کیا گیا ہے کہ جتنا مال ایکسپورٹ ہوگا صرف اس میں استعمال ہونے والا خام مال جی ایس ٹی فری ہوگا ۔ جبکہ وہی ایکسپورٹ کمپنی جو مال مقامی مارکیٹ میں بیچے گی اس میں استعمال ہونے والے خام مال پر جی ایس ٹی دینا پڑے گا۔
تو جواب یہ ہے کہ ایکسپورٹ کا خام مال اب بھی جی ایس ٹی فری ہے۔​

 

[Shahid Abassi]

thanks for the clarification , I am from sialkot and there are a lot of banners in sialkot against it. Black banners.

وہ اس لئے کہ یہ لوگ اب تک اس بہانے ٹیکس چوری کر رہے تھے اور اسے جاری رکھنا چاہتے ہیں،
آپ ہی سوچیں کہ اگر بندہ سو روپئے کا خام مال جی ایس ٹی کے بغیر اس لئے لے کہ اس سے کچھ بنا کر ایکسپورٹ کرنا ہے لیکن اس کے بعد ۳۰ روپئے کی ایکسپورٹ کرے اور ۷۰ کا مال مقامی مارکیٹ میں بیچے تو کیا یہ بے ایمانی نہی؟ اور پھر اس نان ایکسپورٹ کمپنی کا کیا قصور ہے جو وہی مال پورے جی ایس ٹی پر لے رہی ہے اور اپنا مال پاکستان ہی میں بیچ رہی ہے۔​

 

[BrotherKantu]

thanks for the clarification , I am from sialkot and there are a lot of banners in sialkot against it. Black banners.

بے ایمانی کی خصلت کم از کم اس نسل میں سے نہیں جاۓ گی

اگلی نسل کی تربیت شروع کرنی چاہیے.


لوگوں کو اس بات کا احساس ہونا چاہیے کہ کس قسم کی بے ایمانی ان کی اپنی اگلی

نسل کا مستقبل خراب کر رہی ہے.

قوم میں آگے کا سوچنے کی صلاحیت ہی نہیں ہے.


.​

 

[FreeCountry]

Taxing raw-materials, machinery is the most idiotic thing government can do.

This reliance on import duties have killed our economy. It raises cost of doing business and cost of production.

2ndly it gives too much protection to local businessmen and they will never improve quality of their products & services.

First give everyone a chance to make money then collect direct income tax from all such people. You shouldn't kill the chicken

 

[arafay]

The devaluation or should i say market determined exchange rate of rupee would ensure that exports would attract investments while capital moves away from imports.