Sugar mills told to file weekly stocks statement

The Central Board of Revenue (CBR) has made it mandatory for the sugar mills to file weekly statement for proper monitoring of production and local supply of the commodity. In this regard, the CBR issued instructions to the collectors of sales tax here on Saturday.
The statement must contain the following information: Name of the mill; sales tax registration number; tax period; opening balance of sugar available in stock (metric tons); quantity of sugar sold during the week but not physically removed from the mills at the end of the week (MT); quantity of sugar sold and physically removed during the week (MT); total quantity of sugar sold during the week (MT); value (excluding sales tax) of sugar sold during the week; amounts of sales tax involved on sugar sold during the week; quantity of sugar (raw or refined) imported during the week (MT); closing balance of sugar available in stock.