Income Tax Exemption on Import of White Crystalline Sugar
SRO 1216(I)/2025 is an Income Tax SRO dated 8 July 2025, listed by FBR as "Income Tax Exemption on Import of White Crystalline Sugar".
FBR publishes this SRO as scanned images, so the text below was transcribed by Qanoon Digest from the page images, with tables set out as tables. Check the official PDF before relying on any wording or figure.
Page 1
Government of Pakistan
Revenue Division
Federal Board of Revenue
Islamabad, the 8th July, 2025.
Notification
S.R.O. 1216/ 2025. - In exercise of the powers conferred by sub-section (2) of section 53 of the Income Tax Ordinance, 2001 (XLIX of 2001), the Federal Government is pleased to direct that the following further amendment shall be made in the Second Schedule to the said Ordinance, namely: -
In the aforesaid Schedule, in Part II, after omitted clause (9AC), the following new clause shall be added, namely: -
"(9AD) Pursuant to the Cabinet Decision in Case No. 432/Rule-19/2025/615 dated 04.07.2025, the withholding tax under section 148 shall be collected at the rate of 0.25% of the value of commercial import of white crystalline sugar up to five hundred thousand metric ton in aggregate subject to the following conditions, namely-
(i) import of sugar shall be carried out by Commerce Division through Trading Corporation of Pakistan (TCP) or private sector subject to conditions, limitations and quota allotments for immediate and subsequent requirements during the specified period;
(ii) the Commerce Division shall ensure quality assurance of the imported sugar through an international inspection firm; and
(iii) the cut-off date for import of sugar to avail exemption under this notification shall be the 30th day of September, 2025.".
[C No. 1(77)R-S/2020/1782]
(Dr. Najeeb Ahmad)
Member (Inland Revenue Policy) /
Additional Secretary
Which later SROs refer to this one?
SROs whose FBR title names SRO 1216(I)/2025, usually to amend or rescind it.
- SRO 455(I)/20265 March 2026Further amendments in S.R.O 1216(I)/2025 dated 08.07.2025
Related Income Tax SROs on exemptions and concessions
- SRO 799(I)/20264 May 2026Exemption of Default Surcharge and Penalties against Current Tax Liability of PIACL
- SRO 663(I)/202622 April 2026Rationalization of Tax Concessions on Import of White Crystalline Sugar and Withdrawal of Extended Cut-off Date
- SRO 1833(I)/202522 September 2025Income Tax Exemption on Import of White Crystalline Sugar
- SRO 1366(I)202530 July 2025Exemption from Application of Digital Presence Proceeds Tax Act, 2025
- SRO 722(I)/202524 April 2025Regarding under clause (12E) of Part IV of the Second Schedule
- SRO 579(I)20259 April 2025Insertion of a New Clause in Part-l of the Second Schedule of the Income Tax Ordinance 2001