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