FBR mulls penalty on sugar mills for not complying with VAS

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ISLAMABAD: The Federal Board of Revenue (FBR) is mulling to issue penalty notices to sugar mills, which have failed to install video analytic system (VAS). The FBR directed Chief Commissioners of LTO, MTO, CTO of Karachi, Lahore and RTO Peshawar to issue penalty notices to non-compliant sugar mills which have not followed FBR guidelines. “The FBR will take action by imposing heavy penalties on non-compliant sugar mills and non-compliant vendors if they fail to install the video analytic equipment at their factory premises by January 31, 2021,” according to a notice sent to vendors of VAS. TLTP