Islamabad, July 10, 2025 \u2013 The Federal Board of Revenue (FBR) has granted sweeping tax exemptions and concessions on the import of 0.5 million metric tons (MMT) of white crystalline sugar, aimed at stabilizing domestic supply and curbing rising prices.<\/p>\n
In line with a Cabinet Division directive, the FBR issued three separate Statutory Regulatory Orders (SROs) \u2014 SRO 1215(I)\/2025, SRO 1216(I)\/2025, and SRO 1217(I)\/2025 \u2014 to facilitate the tax relief package on sugar import. These measures come amid growing concerns over inflation and potential shortages ahead of the peak consumption season.<\/p>\n
Through SRO 1215(I)\/2025, the FBR fully exempted customs duties on the import of sugar up to 0.5 MMT. This exemption applies to imports made through the Trading Corporation of Pakistan (TCP) or the private sector, provided they adhere to quotas, conditions, and quality control measures established by the Commerce Division. The FBR clearly stated that all imports must be completed by the cut-off date of September 30, 2025.<\/p>\n
Further easing the financial burden, the FBR also issued SRO 1216(I)\/2025, reducing the withholding income tax under Section 148 of the Income Tax Ordinance. For eligible imports, this tax will be collected at a significantly reduced rate of just 0.25% of the declared value. This concession is also applicable to sugar imported either by TCP or private importers within the specified time and quota limits.<\/p>\n
In addition, SRO 1217(I)\/2025 grants a substantial reduction in sales tax from 18% to 0.25% on the import and subsequent supply of white crystalline sugar. Moreover, the FBR has completely waived the 3% minimum value addition tax previously applicable under the Twelfth Schedule of the Sales Tax Act, 1990.<\/p>\n
The FBR has emphasized that all sugar imports must be certified for quality by an international inspection firm, under the supervision of the Commerce Division. This requirement ensures transparency and consistency across all imports.<\/p>\n
With the issuance of these SROs, the FBR has demonstrated a proactive stance in managing sugar supply through fiscal policy. By invoking tax relief and regulatory controls, the FBR aims to ease pressure on consumers while maintaining oversight on sugar import operations.<\/p>\n
<\/p>\n","protected":false},"excerpt":{"rendered":"
Islamabad, July 10, 2025 \u2013 The Federal Board of Revenue (FBR) has granted sweeping tax exemptions and concessions on the import of 0.5 million metric tons (MMT) of white crystalline sugar, aimed at stabilizing domestic supply and curbing rising prices. In line with a Cabinet Division directive, the FBR issued three separate Statutory Regulatory Orders …<\/p>\n","protected":false},"author":1,"featured_media":1309,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_exactmetrics_skip_tracking":false,"_exactmetrics_sitenote_active":false,"_exactmetrics_sitenote_note":"","_exactmetrics_sitenote_category":0,"footnotes":""},"categories":[17,51],"tags":[88,186,187],"class_list":["post-1308","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-tie-business","category-business","tag-import","tag-sugar","tag-tax-relief"],"yoast_head":"\n