FBR mulls penalty on sugar mills for not complying with VAS

Staff Reporter

The Federal Board of Revenue (FBR) is mulling to issue penalty notices to sugar mills, which have failed to install video analytic system (VAS).
The FBR directed Chief Commissioners of LTO, MTO, CTO of Karachi, Lahore and RTO Peshawar to issue penalty notices to non-compliant sugar mills which have not followed FBR guidelines.

“The FBR will take action by imposing heavy penalties on non-compliant sugar mills and non-compliant vendors if they fail to install the video analytic equipment at their factory premises by January 31, 2021,” according to a notice sent to vendors of VAS. The notice has been sent to all the pre-qualified vendors, including: M/s AJCL (Pvt) Ltd, M/s TPL Trekker, M/s CNS Engineering & Technology, M/s. NRTC and GCS, M/s COMMTEL, M/s DWP Technologies and M/s Focus Technology Pvt Ltd.

The FBR said that it has authorised seven vendors through its report on November 20, 2020 for VAS and a copy was shared with Pakistan Sugar Mills Association (PSMA) and all pre-qualified vendors to initiate the process.—TLTP

Previous articleChina’s Sichuan sets 7pc growth target for 2021
Next articleSBP creates service desk for borrowers of housing finance