Apr
22
Exclusive, Taxation
Sales Tax Act 1990: three years imprisonment for persons fail to get registration
KARACHI: Persons making taxable supplies but failed to get registration with tax department then such persons are liable to three years imprisonment, which may be extendable. According to updated Sales Tax Act, 1990 issued by Federal Board of Revenue (FBR), the fines and penalties had been prescribed for persons deliberately violated the laws. According to […]