Calls for similar measures in steel, tobacoo, cement, and beverages sectors
The Prime Minister Shehbaz Sharif has ordered action against sugar mills and dealers along with CCTV surveillance to prevent hoarding.
Prime Minister Shehbaz directed the Federal Board of Revenue, Federal Investigation Agency, and Intelligence Bureau to take joint action against sugar mills and dealers involved in tax evasion, undocumented sales, and price hikes in the sugar sector.
Following the Prime Minister’s instructions, a notification has been issued directing FBR, FIA, and IB to ensure the prevention of sales tax evasion in the sugar industry.
He emphasised that with the sugar crushing season approaching, it is essential to collect 100% of the Goods and Services Tax from sugar mills and dealers. The Prime Minister also decided to install cameras in sugar mills to prevent hoarding and price manipulation.
He warned that strict legal action would be taken against sugar mill owners involved in tax evasion and hoarding practices.
According to the Prime Minister, the cameras will monitor the production process and stockpiling of sugar, ensuring GST payments are made, and price hikes are prevented. He stated that any increase in sugar prices would not be tolerated.
Furthermore, the Prime Minister directed stern action against the sugar mafia and called for similar measures in other sectors, such as steel, cigarettes, cement, and beverages.
