Advertisement

News and analysis on the global poultry
and animal feed industries.
on February 16, 2011

Proposed tax will negatively affect poultry industry, says Pakistan Poultry Association

Similar tax in 1996 caused 40% of poultry farms to close

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.

Comments powered by Disqus