The Federal Board of Revenue (FBR) has granted a one-month extension for the exemption of customs duty, the reduced sales tax rate from 18% to 0.25%, and the reduced withholding tax rate of 0.25% on the import of sugar by the Trading Corporation of Pakistan (TCP).
The FBR has extended the deadline from September 30 to November 30, 2025, for availing these duties and tax exemptions on sugar imports by the TCP.
The FBR amended SRO.1215(I)/2025 (customs) through SRO.1834(I)/2025, issued on Monday.
It also amended SRO.1216(I)/2025 (income tax) via SRO.1833(I)/2025, and SRO.1217(I)/2025 (sales tax) through SRO.1832(I)/2025, both issued on Monday.
Additionally, the FBR has exempted the 3% minimum value-added tax (VAT) on the import of 500,000 metric tons of sugar.
Wow . Sugar imports get tax free custom free . But we have to pay bigger duties for something from temu or aliexpress.
This is why this country is a joke.