Sokuluk Metal Processing Plant Fined for Tax Evasion
Bishkek – On April 12, 2025, Lahore Steel Mills LLC in Sokuluk district of Chui region was fined for non-payment of royalties (tax on water use). The press service of the Ministry of Water Resources, Agriculture and Processing Industry of Kyrgyzstan reported that the fine amounted to more than 243,000 soms.
The plant’s management was fined for using two wells for groundwater without the necessary licenses, license agreements, and water meters. Lahore Steel Mills LLC is a Pakistani company engaged in metal processing.
This incident serves as a reminder to businesses operating in Kyrgyzstan to ensure compliance with water usage regulations and to fulfill their financial obligations to the government. Not only does this help protect the country’s natural resources, but it also ensures a fair and transparent market for all players in the industry.
