FBR issues procedure for cash back to customers of Tier-1 retailers

ISLAMABAD: Federal Board of Revenue (FBR) on Wednesday issued procedure for cash back five percent sales tax to customers, which is paid at the time of payment to Tier-1 retailers. The FBR issued SRO 1339(I)/2020 dated December 16, 2020 to make amendment in Sales Tax Rules, 2006. Following is the procedure for payment of five … Continue reading FBR issues procedure for cash back to customers of Tier-1 retailers