PESHAWAR: Flour mills are to stay shut from 17th – 19th July as protest against the imposition of 17% sales tax on wheat products.
The Central Chairman All Pakistan Flour Mills Association (APFMA) Naeem Butt informed journalists that the taxes imposed through the Finance Act 2019 would directly cause the prices to rise. The commitment made by FBR to exempt the taxes on wheat products is yet to materialise, he further added.
The strike would cause a shortage of flour in the market, as 100 functional flour mills in KP would be shut down for three days.
An APFMA general body meeting has been convened on July 20th to decide the future course of action.
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