Sugar mills

SHC had fixed the sugar cane rate at Rs172 per 40kg

Exempts from tax the import of construction material for CPEC project

Regulator sets old rate that stands at Rs12.09 per unit, new price is Rs8.86

Orders to shift all three mills back to central Punjab till December

Claims it has cleared almost all its liabilities

Reject finance minister’s call for a probe into the commodity’s price

70% of sugar mills are in cotton growing zone, which has shrunk 26%

The mills are believed to be owned by the Sharif family.

Sharifs, the court stated, had not even bothered to seek permission for relocation under the ‘Relocation Policy’

The mills were reportedly shifted to new locations despite a restraining order

SC clarifies that Sharifs won’t be able to run their sugar mills for seven days only

PTI's Jahangir Tareen had challenged LHC division's order to allow crushing of sugar in the current season

The price of sugar is determined by market forces

Cotton-sowing area has shrunk with better returns on sugarcane, higher sugar prices

However, prices of input have remained more or less static

Petitioners claimed that respondents were planning to establish new sugar mills under the garb of ‘relocation’

Sharif Group MD denies allegations, says family will take PAT chief to court

CJ had ordered the commissioner to seal the mills for defaulting on a Rs840 million payment to farmers earlier

High demand, favourable policies encourage the mill to diversify

Judges note favouritism as two mills built despite restrictions

Tax Recovery: LHC quashes FBR notices sent to sugar mills 

CM Shahbaz Sharif owns shares in the mills, court told

Movable assets, machinery to be shifted to DI Khan after scrutiny record

Ministry seeks approval for export of 0.5m tons, $50 per ton subsidy

The K-P government has not paid the amount to the sugar mills