Islamabad: The Federal Board of Revenue (FBR) has extended the income tax concession on the import of white crystalline sugar until February 28, 2026, in a move aimed at helping stabilise domestic prices and ensuring adequate supply in the market, PK Revenue reported.
Under SRO 455(I)/2026, issued on March 5, 2026, sugar importers will continue to pay a reduced income tax rate of 0.25% on imported sugar. This is the second extension of the concession. The lower rate was first introduced until September 30, 2025, and later extended to November 30, 2025.
The government initially announced the concession in July 2025 to support imports of white crystalline sugar amid supply constraints and rising prices. The policy allows commercial imports of up to 500,000 metric tonnes, subject to specific conditions designed to meet both immediate and future market needs.
According to the rules, sugar imports will be handled by the Commerce Division through the Trading Corporation of Pakistan or through approved private companies, in line with assigned quotas and limits.
The Commerce Division is also responsible for ensuring quality standards. Imported sugar must be inspected and verified by an internationally recognised inspection firm.
Market analysts said the extension is expected to provide short-term relief to consumers, help maintain price stability and ensure a steady supply of sugar across the country. They added that the measure reflects the governmentтАЩs efforts to balance import requirements with domestic market conditions.
The FBR has urged importers to follow all conditions outlined in the SRO to benefit from the concession and avoid any regulatory action.
