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No objection removing GST on electricity bills says K-Electric

KARACHI: The K-Electric spokesperson on Sunday issued a clarification saying the company has no objection to removing the general sales tax (GST) on the electricity bills that was announced by the federal government in the current fiscal year’s budget for all power distribution companies.

Earlier, the local traders staged a protest in the Saddar area of Karachi against the imposition of General Sales Tax (GST) on the current electricity bills. The local traders were protesting against the general sales tax (GST) of Rs6,000 per month levied on electricity bills for retailers.

The spokesperson clarified that the company respects the business community and is standing side-by-side with them. K-Electric will immediately enforce the amendment in the order related to the tax.

The spokesperson further said that fixed general sales tax (GST) on the electricity bills for commercial consumers will not benefit K-Electric.

The company’s spokesperson said that no instruction was received from the Federal Board of Revenue (FBR) officials regarding the amendment as yet.

Karachi traders are of the view that the electricity bills already include sales tax, income tax, fuel adjustment and additional taxes.

“Collection of general sales tax from consumers is a total injustice,” they said.

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