Tag: Sales Tax Act 1990

Section 49A of Sales Tax Act, 1990 has defined commissioner’s power to notify liquidator of company. 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 49A of the Sales Tax Act, 1990: 49A. Liquidators. – (1) Every person (hereinafter […]

Section 49 of Sales Tax Act, 1990 has defined sales of taxable activity or transfer of ownership. 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 49 of the Sales Tax Act, 1990: 49. Sales of taxable activity or […]

Section 48 of Sales Tax Act, 1990 has defined recovery of arrears of tax. 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 48 of the Sales Tax Act, 1990: 48. Recovery of arrears of tax.–(1) Subject to sub-section […]

Section 47A of Sales Tax Act, 1990 has explained how to get relief through alternative dispute resolution. 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 47A of the Sales Tax Act, 1990: “47A. Alternative dispute resolution.— (1) Notwithstanding […]

Section 47 of Sales Tax Act, 1990 has defined making reference against Appellate Tribunal Inland Revenue (ATIR) decision. 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 47 of the Sales Tax Act, 1990: 47. Reference to the High […]

Section 46 of the Sales Tax Act, 1990 delineates the procedures for filing appeals before the Appellate Tribunal Inland Revenue.

Section 45B of Sales Tax Act, 1990 has defined making an appeal by taxpayers against any decision made by before Commissioner Inland Revenue (IR). 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 45B of the Sales Tax Act, […]

Section 45A of Sales Tax Act, 1990 has defined power of the Board and Commissioner to call for records. 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 45A of the Sales Tax Act, 1990: 45A. Power of the […]

Section 40E in the Sales Tax Act, 1990 revealed that manufacturers of specified goods require to obtain brand licenses for each brand or stock keeping unit (SKU).

Section 40D of Sales Tax Act, 1990 has defined provisions relating to goods supplied from tax-exempt areas. 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 40D of the Sales Tax Act, 1990: 40D. Provisions relating to goods supplied […]