The tax department Federal Board of Revenue (FBR) has deputed its officials at sugar mills as a stopgap measure until it develops real-time access to video monitoring of crushing and other production processes. This is to stem tax evasion, according to local press reports.
Pakistan – 2018/19 cane and sugar production declined by 25% in Sindh [Full subscriber]
Sugar cane production in Sindh, the second major sugar-producing region, dropped from 21.625 million tonnes (mlt) in 2017/18 to 15.930 mlt in 2018/19. The respective sugar output was 2.2814 mlt and 1.7193 mlt.
Pakistan – Supreme Court orders sugar mills in Sindh to install wastewater treatment plants [Full subscriber]
The Supreme Court-mandated commission on water and sanitation in Sindh has directed sugar mills to install in-house effluent treatment plants to stop polluting the waterways and environment in rural areas before the crushing season 2019-20 begins.
Pakistan – Sindh government subsidises provinces cane growers to the tune of US$38.3 million [Registered]
Sindh government had notified sugar cane price at PKR 182 per 40 kg. The millers did not accept the government decision and had started paying PKR 155 rate to the cane growers.
Monthly Snapshot
Raw sugar for March delivery settled at 19.82 cents/pound on January 18 after reaching a two-and-a-half-week high earlier in the session at 20.25 cents. The white sugar contract expiring in […]
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