Gidc act 2015: Special cabinet to plead report
ISLAMABAD: The Senate Special Committee will plead doing of a news on a Gas Infrastructure Development Cess (GIDC) Act 2015 on Friday. Earlier, a physique had endorsed that a Act should be treated sector-wise and remarkable that all sectors were prepared to compensate though not retrospectively. However, a applicable method took a position that a GIDC Act 2015, as upheld by parliament, supposing that a cess collected by a association from gas consumers underneath a GIDC Act 2011 and GIDC Ordinance 2014 would be current underneath a supplies of GIDC Act 2015. “Therefore, a doubt of not profitable a cess retrospectively does not arise.” The physique is in a routine of anticipating a resource for identifying a entities/sectors that had collected GIDC from consumers, though did not compensate to a government. The cabinet was headed by Ilyas Ahmad Bilour.
Published in The Express Tribune, Dec 2nd, 2016.
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Article source: http://tribune.com.pk/story/1250876/gidc-act-2015-special-committee-discuss-report/