Islamabad: After wheat, the federal government has also abolished 40% regulatory duty on import of sugar and various types of raw sugar. In this regard, the Federal Board of Revenue (FBR) has formally issued a notification, amending the SRO number issued on June 28, 2019.
Under this amendment notice, the FBR has abolished 40% of the regulatory duty on the import of sugar and other types of raw sugar made from the beetroot. When contacted with the FBR officials, they said that the FBR has issued a notification eliminating the regulatory duty on sugar imports.
The main objective of this initiative is to ensure the availability of sugar in the country and this is a precautionary measure to ensure availability of sugar During Ramadan at reasonable price.
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03 April, 2020