Tag Archives: Withholding tax waived on sugar imports

ISLAMABAD: The Federal Board of Revenue (FBR) on Tuesday notified exemption of withholding tax on import of 500,000 tonnes of sugar. The government has already exempted 17pc sales tax and 3pc minimum value-added tax on sugar import and its subsequent supply in domestic market. This facility will only be available to the Trading Corporation of Pakistan (TCP). The TCP will …

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