Tax exemption on sugar imports
Sugar import practices across Pakistan have been relaxed.
According to details, FBR has waived sales tax and value added tax on sugar imports. A notification has also been issued in this regard.
According to the notification, 17% sales tax and 3% value added tax have been waived on sugar imports which will be applicable till June 30, 2021.
The notification issued by the FBR clarified that under the government decision, 500,000 metric tonnes of sugar will be imported.