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Ministry of National Food Security and Research has refused the tax exemption of Rs10 million for 10 vehicles by the Law Division.
In a recent meeting of the Economic Condition Committee of the cabinet, the matter was discussed hence the decision was taken. The representative of the Law and Justice Division has confirmed that the tax exemption will only be authorized concerning the relevant law.
The Ministry of National Food Security and Research confirmed that the exemption of tax was followed under Section 13(2) of the Sales Act 1990 and Section 16(2) of the Federal Excise Act 2005.