ISLAMABAD: The automobile industry has demanded a 10% value-added tax exemption from fertilizer manufacturers, oil marketing companies, oil refineries, registered electricians, distributors and a total of 8 sectors to overcome the crisis. It has also demanded the lifting of the input tax adjustment ban on 90 per cent of the output to remove the automobile sector from the crisis.
Ali Asgharjmali, Chief Executive Officer (CEO) of Indus Motor Company, has written to Chairman FBR Shuber Zaidi for exemption from Section EightB of the Sales Tax Act 1990, while FBRC said that the recommendation of the automobile sector. is going.
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