LAHORE: The Pakistan Sugar Mills Association (PSMA) has rejected the ex-mill and retail price of sugar fixed by the Punjab government, offering it to pick the entire sugar stock from the mills at this price and offload it in the retail market subject to taking responsibility of paying salaries of staff and workers.
“We reject the rates fixed by the government. However, if the government want to implement this forcibly, it must take responsibility of paying the salaries of mills staff, 17 per cent sales tax levied on sale of sugar and other financial liabilities of the project from where it would pick the stock,” PSMA Punjab group leader Javed Kayani told journalists at a news conference on Saturday.