SIALKOT: All the total 200 surgical forging units in Sialkot and Daska have rejected the Sales Tax Registration Policy of the Federal Board of Revenue (FBR) and they have refused to get them registered under FBR’s GST registration.
Chairman Surgical Instruments Manufacturers Association of Pakistan (SIMAP) Fazal Jillani disclosed this while talking to the newsmen here Friday.
He expressed grave concern over this situation and said that surgical forging was a process of manufacturing the surgical instruments. He said that all the surgical instruments manufacturing processes including surgical forging do not fall into the General Sales Tax (GST). Thus, the surgical forging units could never be registered under FBR’s GST policy. He urged the Chairman FBR to exempt all the surgical instruments manufacturing processes from GST registration.
The FBR had already given a deadline of February 15, 2014 to all the surgical units to get them registered with FBR under its GST registration scheme. After this deadline, the FBR teams will lock all those surgical forging units not registered with FBR under its GST scheme. This situation has created a panic and harassment amongst all the 200 surgical forging units in Sialkot region.
Meanwhile, the perturbed owners of the surgical forging units have displayed the banners in Sialkot and Daska cities and their surrounding areas to lodge a strong protest against the FBR’s policy regarding their registration under the GST scheme. They have termed this registration as a cut throat for the surgical forging units.