Tuesday, August 15, 2017

Special Trade Tax On Imported Sugar Has Been Increased By Rs.8

Special trade tax imposed on imported sugar has been
increased by Rs.8 with effect from today (15) according to the Ministry of Finance.

Accordingly the special trade tax imposed on imported white sugar has been increased to Rs.31 per kilo from Rs.23 and tax imposed on Brown sugar has been increased to Rs.33 per kilo from Rs.25.

The tax on imported sugar has been increased to give the benefit of the reduced sugar prices in world market to the local sugar farmers the Finance Ministry has stated.

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