PM orders crackdown on hoarding and tax evasion in sugar sector

PM Shehbaz instructed the authorities to install cameras at the sugar mills to check sugar hoarding to help maintain the prices. It will also help recover the sales tax by monitoring the mills’ production process and checking the hoarding.

Prime Minister Shehbaz Sharif directed the Federal Board of Revenue, Federal Investigation Agency and the Intelligence Bureau to carry out joint action to curb the undocumented sale of sugar, tax evasion and price hikes of the commodity.

In a major decision regarding sugar mills and dealers, the Prime Minister has directed relevant agencies to ensure full recovery of General Sales Tax ahead of the upcoming crushing season.

The Prime Minister has instructed the concerned authorities to install cameras at sugar mills to monitor production and prevent hoarding, in an effort to stabilize prices and ensure the full recovery of sales tax.

The prime minister warned of strict action against the owners of sugar mill founds involved in sugar hoarding and tax evasion.

He also instructed the government agencies to take similar actions in steel, cigarettes, cement, beverages and other sectors.

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