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FBR deputes officials to monitor sugar production, sales

Islamabad: The Federal Board of Revenue (FBR) invoked Section 40-B of the Sales Tax Act 1990 and deputed field formation for monitoring of sales of sugar production at all sugar mi

FBR deputes officials to monitor sugar production, sales

Islamabad: The Federal Board of Revenue (FBR) invoked Section 40-B of the Sales Tax Act 1990 and deputed field formation for monitoring of sales of sugar production at all sugar mills across the country. The tax officers at the sugar mills across the country would check the clearance of stocks through the manually installed system of tax stamps on sugar bags. Under the said enforcement provision of the sales tax law, the FBR or chief commissioner may post an officer of Inland Revenue to the premises of a registered person or class of such persons to monitor production, sales of taxable goods, and stock position.

Alina Hashmi

Journalist

Staff correspondent covering Business and national affairs for Pakistan Times Today.

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FBR deputes officials to monitor sugar production, sales | Pakistan Times Today | Pakistan Times Today