Hefty fines imposed on 10 sugar mills for tax violations

ISLAMABAD: The Federal Board of Revenue has imposed hefty fines on 10 sugar mills for tax violations as part of a campaign to improve compliance and similar action against 10 other mills is nearing completion, Dawn has learnt from official sources.

After start of the sugarcane crushing season for 2024-25, the Federal Board of Revenue launched an improved production monitoring system for sugar. As a result of this drive, cash penalties were imposed on five mills each in Sindh and Punjab for tax violations.