Pakistan decides to reverse sales tax on sugar to ex-mill rate

10:17 AM | 22 Jul, 2021
Pakistan decides to reverse sales tax on sugar to ex-mill rate
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ISLAMABAD – The federal government has decided to reverse the sales tax to the ex-mill rate till 30th November this year, in order to ensure reasonable reduction in sugar price.

The decision was taken during a meeting on Thursday in Islamabad chaired by Prime Minister Imran Khan to review prices of essential commodities.

It was also decided that ministries of industries and finance would review the future requirement of sugar and its import.

PM Imran directed the chief secretaries for suitable fixation of prices of essential daily items and ensure their implementation, according to the state broadcaster.

It was also decided to take strict action against the negligent concerned officials. For the fixation of proper price of edible oil, it was decided to frame a system.

PM Imran also directed for early finalization of legislation over the data sharing of necessary daily use items.