Topic: Melters

Sugar mills producing steel sans tax

LAHORE - The Pakistan Steel Melters Association, in its budget proposals sent to the FBR, has suggested the govt to impose Panel Capacity Tax on sugar mills, as several millers have installed furnaces and start melting steel when sugarcane crushing season is off without paying any tax.Around 10 ...

Fbr Exempts Agri Produce Steel Melters
September 06, 2011

FBR exempts agri produce, steel melters

OUR STAFF REPORTER ISLAMABAD The Federal Board of Revenue has allowed special exemption to growers of agricultural produce, incidental expenses of oil tankers and purchase of steel scrap by steel melters. According to a circular issued here on Monday, the Clause (12) of Part-lV of Second Schedule ...