Published in the Friday Times
Sir,
According to the news, the government is considering to enhance the sales tax rate from 15 per cent to 17.5 per cent in the forthcoming budget. This step will only serve to enrich the smugglers and those who indulge in the under-invoicing and mis-declaration of imported goods. What is needed is the imposition of VAT or sales tax at the retail stage. Billions can be collected by strictly enforcing this measure.
Shakir Lakhani
Karachi
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