SRB exempts sales tax on low cost housing projects

KARACHI: The Sindh government has exempted sales tax on services provided or rendered to low cost housing projects funded by the federal government or Sindh government.

Sindh Revenue Board (SRB) issued notification No. 3-4/04/2020 dated January 21, 2020.

According to the notification: “construction relating to such of the low cost affordable public housing projects as are sponsored and funded by the federal government or by the government of Sindh subject to the condition that the houses are built or constructed on plots of up to 125 square yards or the covered area of each of the apartments and flats, so built or constructed under the project, does not exceed 900 square feet.”

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