Pakistan Cotton Ginners Association (PCGA) Chairman Mahesh Kumar has welcomed the SRO-213(1) 2013 which rescinded the SRO-602(1)2012 and said that government had met their outstanding demand by reducing the general sales tax from 16 to 2 percent on rapeseed oil and binola oil.
Talking to newsmen here along with Haji Muhammad Akram Chairman of Ginners Group and Shehzad Ali Khan ex-Vice Chairman of PCGA he said that this step would help in reducing the oil in market besides checking the tax evasion, corruption and other negative effects. He said that it would be beneficial for all particularly oil mills. Mahesh Kumar said that PCGA and All Pakistan Oil Mills Association had rejected the SRO-602(1)2012 describing it unjust and inapplicable and repugnant to basic human rights.