Pakistan: proccessed poultry prices lowered 15%
The Pakistan Poultry Association (PPA) has said that
it would reduce prices of the processed poultry products by 15% to provide
benefit to the consumers.
The Economic Coordination Committee (ECC) in its recent meeting had
approved zero rating of duties on all kinds of processed poultry, meat and fish
products, with the aim of providing benefit to low income consumers.
â€œAs per decision of Economic Coordination Committee, the exemption of 15%
sales tax would be transferred to the general consumers in the form of 15%
reduction in the price of products,â€ said the PPA. In addition, by the virtue of
ECC decision, poultry meat processed products would be exempted from levy of 15%
tax, adding that the decision had been taken to make processed poultry meat
products cheaper and competitive.
It was concluded that poultry meat processed products would be
available to the public on affordable rates relatively comparable with the
products prepared in the informal wet market.
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