Govt forms committee to review gas levy policy amid exporters' concerns
The Ministry of Finance has constituted a committee with government and industry representatives to review the levy policy and calculation formula and recommend possible refinements. The development came during a follow-up high-level consultative meeting with leading exporters and senior government officials at the Ministry of Commerce to understand the issues hampering Pakistan’s exports and…
The Ministry of Finance has established a committee comprising government and industry representatives to assess and potentially refine the gas levy policy, in response to concerns raised by exporters. This decision emerged from a high-level consultative meeting held between leading exporters and senior government officials at the Ministry of Commerce.
The meeting aimed to identify challenges hindering Pakistan's exports and devise practical solutions. The discussion covered industrial energy costs, focusing on the gas levy and its effect on export competitiveness, as well as the Punjab infrastructure cess. Participants also deliberated on rationalising export-related eligibility thresholds and exploring super tax relief.
The Export Facilitation Scheme, certification charges, and business visa restrictions were among the additional issues examined. Federal Minister for Commerce Jam Kamal Khan emphasized the government's commitment to expanding international market access and revisiting existing trade agreements.
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