Section 3B of Sales Tax Act, 1990 has defined overcharging of tax to be deposited in national kitty. 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. 3B. Collection of excess sales tax etc.– (1) Any person who has collected or collects any … Continue reading Overcharging of tax to be deposited in national kitty