ISLAMABAD: The Federal Board of Revenue of Pakistan (FBR) has taken decisive action to curb tax evasion in the sugar industry, deploying monitoring teams from its field formations to conduct thorough inspections of sugar mills nationwide.
Sugar, being a notified product, is subject to comprehensive monitoring and tracking of production, sales, clearances, stocks, and related activities.
Mandatory affixation of tax stamps on every bag of sugar is enforced, and any violation is deemed a punishable offense under section 33(23) of the Act.
Offenders may face the confiscation of products, and upon conviction, imprisonment of up to 3 years. Stringent measures are in place to address any attempts at evading sales tax on sugar, with mill owners being subject to prosecution for such offenses.
