Oct
21
Taxation
No refund, input adjustment to be entertained on invoice issued prior or after of blacklisting
KARACHI: Federal Board of Revenue (FBR) said invoices issued by a person prior or after blacklisting for sales tax will not be entertained for refunds or input adjustment. The FBR issued Sales Tax Act, 1990 updated till June 30, 2019 incorporating amendments brought through Finance Act, 2019. Section 21 of the Act explained blacklisting and […]