Issuance of debit, credit notes for tax adjustment

Section 9 of Sales Tax Act, 1990 has defined issuance of debit, credit notes for tax adjustment. The Federal Board of Revenue (FBR) issued the Sales Tax Act, 1990 updated up to June 30, 2021. The Act incorporated amendments brought through Finance Act, 2021. Following is the text of section 9 of Sales Tax Act, 1990: 9. Debit and credit note. – Where a … Continue reading Issuance of debit, credit notes for tax adjustment