The sale of sugar has resumed at Utility Stores Corporation (USC) across Pakistan under the Prime Minister’s Relief Package.
The supply had been temporarily halted due to the newly imposed Federal Excise Duty (FED) of Rs 15 per kilogram on sugar.
According to sources, sugar sales have already resumed at Utility Stores in Islamabad, with the supply expected to be restored nationwide within the next couple of days. The delay occurred as the USC sought clarification from the Federal Board of Revenue (FBR) regarding the applicability of the new tax.
The FBR later confirmed that the FED does not apply to sugar sold at USC outlets.
Earlier reports indicated that the Utility Stores Corporation procured 10,000 metric tonnes of sugar at Rs 141.20 per kilogram. The corporation had also issued a tender for 45,000 metric tonnes, of which 40,000 metric tonnes were successfully acquired.
It’s important to note that in the budget, a total of Rs 65 billion was allocated for the Prime Minister’s and Ramadan relief packages, with Rs 10 billion specifically designated for the PM’s Ramadan Relief Package and the remaining Rs 55 billion for the PM’s Relief Package.
Additionally, Rs 35 billion were allocated for the PM’s package for the ongoing financial year.
