Govt to provide maximum support to pharmaceutical industry

MG News | March 15, 2022 at 10:54 PM GMT+05:00

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March 15, 2022: The government is dully committed to addressing the issues of the Pharmaceutical industry and providing maximum support, Federal Minister for Finance and Revenue Mr Shaukat Tarin said during a meeting with the delegation of Pakistan Pharmaceuticals Association at Finance Division on Tuesday.

In the follow-up meeting, Chairman PPMA Mr Qazi M. Manzoor apprised the chair of the pending issues related to refund of sales tax on APIs.

He listened to their issues keenly and assured to resolve their issues. The Finance Minister further directed Chairman FBR to take possible steps for the settlement of the issues of the pharmaceutical industry related to Sales Tax on APIs in coordination with the representatives of the Pharma Industry.

The Chairman FBR also briefed the meeting on the steps being taken by the FBR for the resolution of the key issues being faced by the Pharma Industry and mechanism to settle the remaining issue related to refund of sales tax on APIs.

Press Release

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