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Finance Minister expresses resolve to recover each penny from defaulters on account of GIDC
Finance Minister Ishaq Dar has expressed resolve to recover each penny from the defaulters on account of Gas Infrastructure Development Cess.
He was chairing a meeting on Gas Infrastructure Development Cess (GIDC) in Islamabad on Monday.
The meeting was apprised of amount of outstanding Cess recoveries from various entities and discussed GIDC Acts and Supreme Court's order in this regard.
Examining the Court's decisions and stay order, the Finance Minister expressed serious concerns over the non-recoveries of Cess dues.
He further directed the authorities to share updated break-up of arrears of sector wise GIDC in the next meeting in order to frame up legal and administrative strategy for fast track recovery of the outstanding GIDC outstanding dues.
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