PCDA requests for reviewing of proposed tax on medicine invoice

District

PESHAWAR:Pakistan Chemist and Drug Association (PCDA) Friday requested Federal Board of Revenue to review the proposed tax deductions on each drug invoice which would lead to confusion between traders and FBR.

The request has been made during a meeting of PCDA held here with its President, Ehtisham Haleem in the chair while Vice President Peshawar Chamber of Small Industries Rehman Gul, Aslam Pervaiz, Nasirud Din, Fayaz Dawar, Shamsur Rehman, Ibadur Rehman, Qaiser Zaman and large number of chemist dealers were present on the occasion.

The meeting urged the provincial government to waive off liable tax of 0.5 percent for filers and 1 percent for non-tax-filer on each invoice that would be deducted from Distributor by Manufacturer.

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