KARACHI: Three-day PakPlas2017 – the International Exhibition of Plastic Machinery, Equipment, Raw Material and Technology attracting thousands of visitors, concluded here on Sunday at Expo Centre, Karachi.
The expo was organised by the Pakistan Plastic Manufacturers Association (PPMA) to promote plastic industry of Pakistan.
Talking to media on third day of expo, officials of the PPMA urged the government to impose lump sum 5% tax on plastic industry despite taking 17% currently on various accounts. The government should prepare economic budget for the growth of economy.
Patron-In-Chief PPMA Zakaria Usman said that government is recovering 17 percent tax in the name of refund and rebate, etc of which 3.9 percent is deposited in government’s kitty. “We urge that the government should restrain from all such frauds and just take five percent overall tax, and let plastic industry perform its part in national economy independently,” he said.
“This will ensure industrialisation and creation of jobs for our youth,” he said, adding that the government should present economy based budget in lieu of revenue based budget.
Zakaria Usman said that earlier people used tin plates but now plastic is being used everywhere. Half of airplanes and cars are made of plastic. The government should help raw material industry, he concluded.
More than 80 companies from all over Pakistan and abroad participated in the expo. Companies displayed their products, technology and machinery.
Zakaria Usman, Chairman Ehtesham Uddin, Vice Chairman Shoaib Munshi, Convener Exhibitions Ali Kunji, Imran Ghani, Zafar Saeed, Zahid Ahmed, S M Anwar, S M Noman, Siddique Adam and others were present in the concluding event.
