Tax on sugar retail sale to be imposed from December 01

The Federal Board of Revenue (FBR) has announced the deferral of the imposition of sales tax on the retail sale of sugar until December 1, 2021. The decision comes as part of an effort to address concerns related to the rising prices of sugar in the domestic market. The FBR officially issued SRO 989(I)/2021, outlining … Continue reading Tax on sugar retail sale to be imposed from December 01