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LAHORE: The Ministry of Food and Agriculture has issued a notification by fixing the price of sugar on the recommendation of the Advisory Board.
According to the notification issued by the Ministry of Food and Agriculture, the retail price of sugar has been set at Rs 98.82 paisa across the country.
The price of sugar will include a sales tax of Rs 14.58 paisa and the price of sugar per kg will be Rs 5.30 paisa. Sugar mills profit while 25 paisa distributors margin will be included.
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According to the notification issued, the transport cost of Rs 2 per kg, and the retailer’s profit of Rs 1 kg will also be included in the total cost.
Sources in the Ministry of Food and Agriculture say that the district administration will be obliged to sell sugar at official rates.