Govt generates Rs31.72 bn general sales tax on sugar
July 19, 2021 LAHORE: The government generated Rs31.72 billion under the head of general sales tax on sugar while the Punjab government failed to implement the price of Rs85 per kg fixed by it. According to the official data available with The News, sugar millers sold 2.474 million metric tons sugar during December 2020 to May 2021. According to the sales tax returns filed by the sugar millers to the Federal Board of Revenue (FBR), the sugar millers declared that they sold Rs 174.285 billion worth of sugar during this time while average ex-m...
Source: thenews.com.pk
