Trade bodies told to follow TTS requirements in sugar sector

Published December 2, 2021
All supply chain operators are required not to accept or receive and sell any sugar bag, of the current season, without tax stamp affixed on the sugar bag. — Dawn/File
All supply chain operators are required not to accept or receive and sell any sugar bag, of the current season, without tax stamp affixed on the sugar bag. — Dawn/File

ISLAMABAD: The Federal Board of Revenue (FBR) advised all chambers of commerce, trade bodies and associations on Wednesday to comply with the legal requirements of Track & Trace System (TTS) on sugar sector in order to avoid legal repercussions.

An official announcement said this directive was issued to all the stakeholders through a letter issued by FBR TTS Project Director.

No sugar bags for the current crushing season (2021-22) would be allowed to move out from a production site, factory premises or warehouse without affixation of tax stamps and Unique Identification Marks (UIMs) with effect from November 11, the FBR said.

It was further highlighted that all supply chain operators, including distributors, wholesalers, dealers and retailers, are required not to accept or receive and sell any sugar bag, of the current season, without tax stamp affixed on the sugar bag.

In case of non-compliance by any supply chain operator, penal action will be initiated in accordance with the provision of Sales Tax Act, 1990, added the announcement.

Published in Dawn, December 2nd, 2021

Opinion

Editorial

More desecration
Updated 27 Sep, 2023

More desecration

Attacks on the Islamic faith are not motivated by an attachment to free speech but by raw hatred.
Worrying remarks
27 Sep, 2023

Worrying remarks

THESE are ominous words from Gwadar. Maulana Hidayatur Rehman, chairman of the Gwadar Haq Do Tehreek, has warned ...
Justice or vendetta?
Updated 27 Sep, 2023

Justice or vendetta?

ONE wonders whether all pretence of the state as a democracy has been whittled down to a point where it has simply...
Free and fair?
Updated 26 Sep, 2023

Free and fair?

It is disingenuous to suggest the fairness of any polling exercise should be considered without regard to all that has preceded it.
Unto darkness
26 Sep, 2023

Unto darkness

YET another case of medical malpractice has come to light in Punjab. The eyesight of several diabetic patients has...
Unions on campus
26 Sep, 2023

Unions on campus

DEPOLITICISED youth unfamiliar with democratic norms cannot be good for the future of representative rule in...