Exemption from penalty and default surcharge
Section 34A of the Sales Tax Act, 1990, provides a mechanism for the exemption from penalty and default surcharge imposed under Sections 33 and 34 of the Act. This section, updated up to June 30, 2021, through the Finance Act, 2021, empowers the Federal Government or the Federal Board of Revenue (FBR) to grant such … Continue reading Exemption from penalty and default surcharge
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