Tag Archives: APPMA

Nine associations form new alliance to evolve joint strategy on issues being faced by business community

Karachi, February 11, 2016 (PPI-OT): A group of nine associations have formed ‘All Pakistan Alliance of Associations’ to evolve a joint strategy on issues being faced by the business community. The announcement of forming a new alliance of the associations was made during a meeting on Monday, which was convened by All Pakistan Paper Merchants’ Association Chairman Muhammad Anis.

The associations which participated in the meeting were All Pakistan Paper Merchants’ Association, Pakistan Association of Printing and Graphic Arts Industry, Tea and Milk Association, Pakistan Chemical and Dyes Merchants’ Association, Yarn Merchants’ Association, Steel Association, Tiles Association, Tyre Association, and Electronic Market Association.

The meeting also elected Muhammad Saleem Bikiya from All Pakistan Paper Merchants’ Association as Chairman and Usman Nathani of Yarn Merchants’ Association as Vice-Chairman of the alliance. The meeting discussed tax anomalies/discrimination of tariff between commercial and industrial imports, delay/unrealistic customs valuation rulings, unlimited time period for taking decision by the valuation department, pre-budget proposals and “unlawful” raids on the industrial premises by RTO Karachi.

The meeting was attended by Haroon Agar, former President KCCI, Khawaja Arif Kapoor, Idrees Memon, Amin Lasani, Muhammad, Ibrahim Kasumbi, Muhammad Naseer and members of different associations. Haroon Agar said that the purpose of forming a new alliance was to take up key issues with the government jointly. He said that the tariff difference between commercial and industrial imports had crippled the business viability of the small and medium sectors.

Another participant of the meeting while referring to Pakistan Customs Tariff (CH 48 of Customs Act, 1969) said that paper imported by both commercial and industrial importers was consumed by the industry in a similar manner for manufacturing of finished goods.

However, a commercial importer paid 17 percent sales tax besides 3 percent advance value addition tax and 6.5 percent withholding tax at customs stage, whereas the industrial importers paid value addition at later stage and income tax according to declaration, he added. “This encourages unscrupulous commercial importers to import the raw material under the guise of manufacturers,” he added.

For more information, contact:
All Pakistan Paper Merchants Association (APPMA)
Al-Rasheed Centre,
3rd Floor, Faiz Muhammad Fateh Ali Road,
Karachi.
Tel: +92-21-32621041, +92-21-35462900
Fax: +92-21-32210385
Email: paperassociation@homail.com
Website: www.appma.com.pk

Business community is backbone of economy and its role is crucial in economic development of the country: Nadeem Saeed Wain

Lahore, March 06, 2015 (PPI-OT): Central leader of All Pakistan Paper Merchants Association (APPMA) Khawaja Nadeem Saeed Wain has said that business community was the backbone of the economy and its role was crucial in economic development of the country therefore government should take measures to overcome the rising crimes against businessmen.

He was addressing a joint meeting of businessmen and representatives of police department here Friday. APPMA leaders Khamis Saeed Butt, Zahid Maqsood Butt, SHO Malik Raheel Amjad, SHO Rehan Zia, SHO Rana Rizwan, SHO Mujahid and a large number of traders were present on the occasion.

Khawaja Nadeem Saeed Wain said that rising crime graph against business community was a matter of concern. If situation remains, it would hamper the economic growth of the country. He said that business community was ready to work hand in hand with the police department to make the law and order situation conducive for the economic activities. He urged the Chief Minister Punjab Mian Shahbaz Sharif to enhance resources of Police department and make it political influential free.

For more information, contact:
All Pakistan Paper Merchants Association (APPMA)
Al-Rasheed Centre,
3rd Floor, Faiz Muhammad Fateh Ali Road,
Karachi.
Tel: +92-21-32621041, +92-21-35462900
Fax: +92-21-32210385
Email: paperassociation@homail.com
Website: www.appma.com.pk

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