Wednesday, 22 May 2013
SOHAIL SARFRAZ
Presidential Ordinance on taxation measure has proposed 16 percent standard rate of sales tax on sugar. Sources told
Business Recorder here on Tuesday that earlier the FBR has proposed to enhance sales tax on sugar in coming budget (2013-14). Now, the 16 percent sales tax on the commodity would be imposed through the Presidential Ordinance before the announcement of budget.