FBR Fixes New Minimum Ex-Mill Value for Sugar for Sales Tax Assessment

The Federal Board of Revenue (FBR) has fixed minimum ex-mill value of white crystalline sugar from April 1 for assessment of sales tax. The FBR has issued an SRO.577(I)/2025 on Tuesday to supersede its Notification No. S.R.O. 1027(l)2021, dated August 16, 2021 to fix the minimum ex-mill value of sugar. The SRO.577(I)/2025 has fixed minimum value inclusive of Sales Tax of domestically produced white crystalline sugar. The minimum value inclusive of sales tax would be average national retail price of refined sugar last published at Pakistan Bureau of Statistics (PBS) website (weekly sensitive price indicator – SPI) before 1st and 16th of every month minus sixteen rupees for respective fortnight starting on first and 16th of every month, the notification added.