ISLAMABAD: Sub-Committee of the Senate Standing Committee on Cabinet Secretariat Thursday directed the Ministry of Petroleum and Natural Resources to hold meeting with All Pakistan CNG Association to address their problems.
The senate body met here under the chairmanship of Senator Shahi Syed and attended by other members including Kalsoom Parveen and Mir Muhammad Yousaf Badin.
Chairman of the Sub-Committee noted that double tax collection was being made from CNG sector that has caused billions of rupees loss to them. He said the sub-committee would give its recommendation to the Standing Committee in this regard.
The representatives of CNG Association appealed the committee to ensure third party audit of their claims regarding the extra tax collection from CNG sector. They said the CNG sector had faced a loss of Rs. 78 billion during three and a half year due to pricing issues.
However, the official of Oil and Gas Regulatory Authority (OGRA) said that the authority has notified Rs. 75.82 against per Kg CNG gas for Region-1 while Rs. 67.50 for Region-II and it include also 17 percent GST.
They said there was no exercise of double tax collection from the CNG sector.
The OGRA officials also rejected the report regarding 50 percent gas price hike form January 1, 2016 by OGRA and said there was as such no advice of the federal government with OGRA for the said increase in gas prices.
They informed that the authority would determine the average price of LNG gas after evaluation of the number of ships in a month in accordance with prescribed formula.
