Packaged juice makers seek tax cuts

Packaged juice makers seek tax cuts

LAHORE: The formal packaged juice industry has urged the government to take immediate action in the upcoming federal budget, requesting a significant cut in the Federal Excise Duty (FED). The juice industry is calling for a substantial reduction in the Federal Excise Duty (FED), which was introduced in 2023 at a rate of 20 per cent, compounded by an existing 18pc General Sales Tax (GST). According to a spokesperson for the Fruit Juice Council, t…