Seed industry refuses 17pc sales tax.

The seed industry of Pakistan has termed imposition of 17 percent sales tax on seeds last nail in the coffin and rejected it while citing that it would affect the access to quality seeds for farmers, industry and end users by inflating its cost.

In the maiden meeting of the newly formed Pakistan Hi-Tech Hybrid Seed Association (PHHSA) on Tuesday, participants feared that the levy might discourage the use of hybrid seeds and reduce the yield of major...