APCNGA expresses reservations over GIDC Act

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The All Pakistan CNG Association (APCNGA) has expressed serious reservations over GIDC Act terming it discriminatory. The Act will not treat different gas consuming sectors on equitable basis while recovery of GIDC of the past years and mark up is illegal, said Ghiyas Abdullah Paracha, Chairman Supreme Council APCNGA.

In a statement issued today, he said that CNG sector is ready to pay GIDC conditionally if the cess imposed few years back is not recovered, uniform tariff is imposed on all the gas consuming sectors and pricing mechanism for the CNG industry is improved.

He said that gas supply to the CNG stations discontinued since seven months should be restored immediately while pricing should be streamlined as the cost of inputs including gas, electricity and wages have gone up substantially in the last three years while the CNG prices have been kept the same.

He said that majority of the CNG stations in the country are closed forcing many owners to the brink therefore they cannot be burdened by additional taxes.

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