ISLAMABAD, Jul 12 (APP):Chairman Federal Board of Revenue, Syed Muhammad Shabbar Zaidi said Friday that government would desist from taking any decision that is counterproductive for the textile industry, saying the misleading information was being spread on the issue of zero-rating sales tax, CNIC issue and imposition of tax on edible items.
Addressing a press conference, the FBR Chairman said that the board was engaged in negotiations with the business community all across the country and was discussing mainly two issues including SRO 1125, which is related to Zero rating and requirement of Computerized National Identity Card (CNIC) for sales tax.
“We are clear, we do not take any decision that would effect the industry and business of Pakistan,” he said that the textile industry of Pakistan was on growth path.
