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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.

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