Duty imposed on sugar imports in Pakistan
Pakistan Times Business & Commerce Desk

ISLAMABAD: The federal government imposed Saturday five per cent regulatory duty on the import of sugar.

According to the notification of Central Board of Revenue, the decision of five per cent regulatory duty would be applicable from October 14.

The high officials here said that after the imposition of this duty, the sugar prices in the country would not rise and it would serve to cause a balance between local demand and supply.

The officials said that this decision would be beneficial to local sugar industry.●