FBR wants 6pc non-adjustable FED on sugar in budget
FBR wants 6pc non-adjustable FED on sugar in budget
ISLAMABAD: The Federal Board of Revenue (FBR) has proposed rationalization of 8 percent adjustable Federal Excise Duty with 6 percent non-adjustable FED on sugar in budget (2014-15) to generate additional revenue of Rs5 to 6 billion during next fiscal year.
According to reports, the FBR has proposed reduction in the FED from 8 to 6 percent on sugar. However, it has been proposed to replace 8…
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