LAHORE: All Pakistan Flour Mills Association (APFMA) has announced to observe countrywide strike on July 17 (Wednesday) against the imposition of 17 percent sales tax (ST) on various products of wheat.
“The Millers association will halt the supply of flour to all mills on Wednesday,” said Chairman All Pakistan Flour Mills Association.
Flour mills chairman said that government has imposed |Sales Tax on the wheat brain due which the price of per bag flour will go up by Rs40.
Earlier on June 10, Lahore Flour Mills Association announced to increase the price of 80-kilogram flour bag by Rs550.
According to details, the mills association increased flour prices after withdrawn of General Sales Tax (GST) exemption on flour bags.
“The Federal Board of Revenue (FBR) has withdrawn General Sales Tax (GST) exemption on flour bags weighing more than 20 kilograms as a result of which a GST of 17 percent will now be imposed on the 80kg flour bag,” said a statement by flour mills association.
