Tuesday, July 22, 2014

Special Commodity Tax On Imported Sugar Has Been Increased By Rs.3

The Special Commodity Tax imposed on imported sugar has been increased by Rs.3 per killo gramme with effect from 16th of July according to government sources.under this new tax increase the tax per one killo gramme of imported sugar has been increased by Rs.25 to Rs.28.

The commodity tax has been increased   to protect local sugarcane farmers and against the drop of sugar prices in the international market  .Due to the new tax increase the price of imported sugar in the local market will not be increased according to the sources.

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