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Govt forms committee to review gas levy policy amid exporters' concerns

BUSINESS RECORDER • • 1 min read

Govt forms committee to review gas levy policy amid exporters' concerns

The Ministry of Finance has formed a government-industry committee to reassess the gas levy policy and the method used to calculate it, Business Recorder reported on October 22. The move followed a consultation led by Commerce Minister Jam Kamal Khan, where exporters raised concerns about industrial energy expenses and the levy’s effect on export competitiveness.

Officials and exporters also discussed the Punjab infrastructure cess, export-related tax thresholds, sales tax refunds, the Export Facilitation Scheme and regulatory charges. The Ministry of Commerce will bring together written proposals and departmental updates for presentation to the Prime Minister at a planned high-level meeting. Wider discussions covered visas, access to overseas markets, trade arrangements and opportunities in livestock and dairy exports.

At a glance

  • A joint government-industry committee will review gas levy policy and its calculation method.
  • Exporters raised concerns over energy costs, taxes and regulatory expenses.
  • The Ministry of Commerce will consolidate proposals for a planned meeting with the Prime Minister.

Originally reported by BUSINESS RECORDER

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