Sugar special tax milks US$2,3m off Dairibord
DAIRIBORD Holdings (Dairibord) says it parted with US$2,26 million in special surtax on sugar content during the just-ended financial year to December 31, 2024 reflecting the adverse impact of the new fiscal requirement on business profitability.It was a double whammy for the dairy products maker after authorities also made value added tax (VAT) reclassification of…
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