Pakistan : FIA to monitor sugar mills during crushing season
The FIA will monitor sugar mills during the crushing season to prevent tax evasion. Special teams, formed on PM Shehbaz Sharif’s instructions, will track sugar production, stocks, and sales records. The FBR, FIA, and IB will collaborate to ensure 100% GST collection, with strict directives for accountability and data accuracy.
ISLAMABAD: The Federal Investigation Agency (FIA) has decided to monitor sugar mills during the crushing season.
Sugarcane crushing season is about to start in the country and FIA has decided to monitor sugar mills across the country during the crushing season.
In this regard, FIA has also formed special teams on the instructions of Prime Minister Shehbaz Sharif. These teams will keep record of sugar production and stocks in sugar mills.
The FIA said that to prevent tax evasion, a record of the sales of the mills will also be compiled on the basis of dispatch, while a record of the arrival of sugarcane and the number of trolleys will also be compiled in the sugar mills.
In this regard, Lahore zone teams have been deployed at three sugar mills and Director Lahore Zone Sarfraz Khan Virk has assigned the tasks to the teams in the meeting.
Director FIA has directed the teams to compile the data with utmost responsibility and honesty. Preventing tax evasion is an important national duty and no lapse will be tolerated.
It should be noted that in the meeting presided over by Prime Minister Shehbaz Sharif last month, three institutions were assigned the responsibility of taking joint actions to prevent tax evasion by sugar mills and dealers.
FBR, FIA and IB to take joint action to curb sales tax evasion and price hike.
Prime Minister Shehbaz Sharif directed that the sugar crushing season is about to begin, to ensure that sales tax evasion in the sector is addressed, and to ensure 100 percent GST collection from sugar mills and dealers.
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Source : Bol News