The Karachi Cotton Association (KCA) has opposed the Government’s step to impose sales tax on cotton in the 2015-16 Budget. Amin Hashwani, Chairman, KCA said that such a move would be disadvantageous for the growers and cotton production. Nowhere in the world sales tax is imposed on raw cotton because it inhibits growers from improving production and meeting the increasing demand of raw materials by textile industry, he added.
