Now a days channels are uder hues and cries upon imposition of V. A .T And its dire consequences upon commodities. The full form of “VAT” IS “VALUE ADDED TAX”. This system is operative in certain countries where per capita income is too high with many other relief and facilities to public including medical /old age benefits etc.
Most of us do not know what is this VAT? ? May this example clear concept of VAT….(Value added Tax), which speaks itself that “an additional tax shall be imposed on original value”.! ! Now read this example to understand.In appended example “–LEMON” symbols & means ”GENERAL PUBLIC”.
“A Real magicians was staging show. During performance , He took a lemon in hand , squeezed it and challenged mob saying ” if any person could get one drop more ,I will pay $ 500” just now. A tiny feeble person accepted challenge and came on stage. He took that dried, fully squeezed lemon, and pressed skin! Strange enough, 5/6 more drops came out of that lemon!! The juggler shocked, paid him amount and asked ‘Sir, May I know from where you are? That tiny person replied “I am merely an “office boy” in IMF”.
Every respectable individual / country concludes his income and expanses , Generally known as budget .Budget assures stability to avoid begging (loans) which apparently a shameful act for sovereign countries .Strangely Pakistan takes It as pride and honor , always looking opportunities to get loans / aids .We generally depends either America or IMF which sanction at their own strict , rigid terms and conditions , That’s why America keeps deep interference entirely in his benefits (Drone attacks in Pakistan teritory is self speaking example) , up to the extent that America sets our internal and external Plolicies.Unfortunate enough , Pakistan Always faces deficit in budget. It is pertinent to mention that IMF is controlled and monitored by America, being a lion share holder in funds.
When General Zia was in power , sales tax was @ 5%, which was gradually increased under pressure of IMF to 10 % and after few years again increased by 15 %.Our Democratic ,Poor people supporter Government increased this tax @ 16% in its 1st budget of July 2008.Infact our all monitory policies are in hands of IMF as we are “mortgaged with possession” in hands of IMF.We are puppets in hands of IMF.We do not want “REDEMPTION” because we can not leave our luxurious life with significant protocols. Internationally we are known as “nuclear power” but treated as beggars .
IMF ordered Government to stop subsidies in electricity, Gas, Petrol and certain other food related commodities. In consequence flour , which was 14 Rs kilo in 2007 jumped to 44 Rs kilo within 2 short years – Petrol was 45 Rs liter in 2007 , now Rs.75 per liter , and finally electricity ,which was 2.90 Rs per unit , Now around 7/8 rupees under many camouflaged , unknown technical languaged taxes. A good news for public is that this “Poor Loving” Government has increased another 12% with effect from 1st January 2010 and other gift of democratic Government is increase of 6 % more ( supposed to be , from January to April 18%) Allah knows it is 18 or 28 because under technical aspects. Our government is committed to pay back loan at cost of “scarification of nation”.
Now , let us discuss what is “VALUE AIDED TAX” ?Which our Government is going to implement very soon , entirely for the interest of public on individual base , which will play a vital role to PROSPER PUBLIC AT LARGE”, entirely for welfare of citizens.
Let us clear concept of this “ADDED TAX”! Suppose cost price of a shirt is Rs.200 in Pakistan, but buyer will get it in 400 rupees? How this price increased ? We have to go through process :-
Thread is made from Raw cotton.Ttread weaver will pay 16% tax – That thread will be handed over to loom to turn it into cloth –Loom weaver will pay 16% again after converting same thread into cloth — That weaver will hand over cloth for bleaching /dyeing – This bleacher will also pay 16 % —This bleacher will then deliver this cloth to Market for sale .Sales person will pay 16% tax – in all steps , every step will pay 16 % so price will become double when reaches in market for consumer –That 200 cost will jump to Rs 400-China and other foreign competitors will sale better material shirt in 250 Rupees ! ! Now who will pay Rs.400?
In Pakistan sales tax is levied upon every thing. Sales tax is a must while paying land phone bill (using in home or office and absolutely not selling at any stage).Very same position is in cases of using Gas , Cng , Petrol , etc , which you are using yourself and absolutely no selling aspect ! !By law Sales tax is applicable only at last consumer end and absolutely not at every step or process – It is known as “VAT LAW”.
The CONSEQUENCES of this “VAT Law” will be :- an exorbitant extraordinary hike in commodities prices .An abnormal hike in cost of living , daily commodities , medicine , electricity , petroleum , Gas ,and the daily use items.
Presently, if you charge Rs 100 rupees card in mobile , received balance will be Rs 84 , after VAT Balance received shall be Rs 68 ! ! ! “GST” and “VAT” are entirely different .Implementation may result in a sudden increase in suicides and crime rate , creating more complications.
“Vat” is a tax , imposed on every step of process whereas GST applies at last end consumer .In Pakistan GST practiced at every step like “VAT’ This “Vat” is functional in most advanced countries where per capita income is reasonably high and countries are more advances giving remarkable facilities and benefits to their citizens .Our elected Government is going to impose this law on country where average income of individual is 76.66 Dollars per month ! Immediate benefit of this law will be “Reduction in Population” due to suicides & killings.
Everyone is already paying Exorbitant Tax with zero facilities ( say only for citizenship), in shape of GST @ 16 % –I shiver upon imagining that what will be the results after imposition of VAT ? Unpredictable results may appear – On one hand Suicide rate will abruptly increase or People will come on roads as “DO OR DIE” –
PAY TAXES- TO KEEP OUR ELECTED LEADERS AND THEIR COMPANIONS IN PEACE , ENABLING TO THINK MORE FOR THE WELFARE OF PUBLIC AND TO KEEP THIS HOLLY DEMOCRACY ON RAIL. WE , THE AWAAM — BORN FOR SACRIFICES , TO OBEY AND TO EARN FOR ELITE CLASS TO KEEP THEM EVER COMFORTABLE.
Finally , I will request my countrymen , citizens – Please work hard , work day and night and pay Maximum to Government , This Poor Elected Democrat Government have to meet and balance all the losses occurred in shape of Frauds , Commissions ,purchase of some bullet proof vehicles among some other Special suspense accounts. May Allah Kareem Bless us all.

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