The implementation of a proposed Reforms General Sales Tax will have a negative effect on Pakistan's poultry industry, according to former Pakistan Poultry Association President Abdul Basit.
The tax, said Basit, will affect the costs of production in a way that will not be recovered by the market. In 1996, a 15% sales tax caused 40% of the country's poultry farms to close down when they could not maintain a profit, he said. Basit said the poultry industry should be exempt from the tax.
