Sales Tax Act 1990 Archives - Page 24 of 32

What is sales tax?

February 9, 2021May 25, 2026Mrs. Anjum Shahnawaz

Sales Tax Act, 1990 has explained the meaning of sales tax imposed on supply of goods.

What is taxable activity under Sales Tax Act?

February 7, 2021July 28, 2025Mrs. Anjum Shahnawaz

The Sales Tax Act, 1990, as updated by the Federal Board of Revenue (FBR) up to June 30, 2020, clearly defines the term ‘taxable activity’ for the purpose of determining liability under the sales tax regime.

Retail price defined under Sales Tax Act

February 6, 2021February 6, 2021Mrs. Anjum Shahnawaz

Sales Tax Act, 1990 has defined ‘retail price’ as a price fixed for sales of goods to the end consumers. The Sales Tax Act, 1990 [updated up to June 30, 2020 issued by the Federal Board of Revenue (FBR)] defines the ‘retail price’ with reference to the Third Schedule of the Act, as the price […]

Registered person defined under sales tax

February 5, 2021February 6, 2021Mrs. Anjum Shahnawaz

Sales tax laws have defined ‘person’ for determining transactions i.e. supplies and purchases and application of sales tax rate. The Sales Tax Act, 1990 [updated June 30, 2020 issued by the Federal Board of Revenue (FBR)] explained the following: (21) “person” means,– (a) an individual; (b) a company or association of persons incorporated, formed, organized […]

What is output tax under Sales Tax Act?

February 5, 2021May 9, 2026Mrs. Anjum Shahnawaz

Sales tax law has defined output tax as a supply of goods, made by the person. The Sales Tax Act, 1990 (updated June 30, 2020) issued by the Federal Board of Revenue (FBR) has defined output tax in relation to a registered person as:

Definition of manufacturer or producer under Sales Tax Act

February 4, 2021February 4, 2021Mrs. Anjum Shahnawaz

A definition of manufacturer of producer has been included into the Sales Tax Act, 1990 (updated up to June 30, 2020) issued by the Federal Board of Revenue (FBR). According to the definition “manufacturer” or “producer” means a person who engages, whether exclusively or not, in the production or manufacture of goods whether or not […]

What is input tax under Sales Tax Act?

February 4, 2021February 4, 2021Mrs. Anjum Shahnawaz

The Sales Tax Act, 1990 as issued by the Federal Board of Revenue (FBR) as updated up to June 30, 2020 has explained input tax in relation to a registered person. The input tax in relation to a registered person has been explained as: (a) tax levied under this Act on supply of goods to […]

Associates defined under Sales Tax Act 1990

February 3, 2021February 3, 2021Mrs. Anjum Shahnawaz

Associates or Associated Persons have been defined under Sales Tax Act, 1990. Section 2 of Sales Tax Act, 1990 (updated up to June 30, 2020 issued by the Federal Board of Revenue (FBR) explained associates as: (3) associates (associated persons) means, – (i) subject to sub-clause (ii), where two persons associate and the relationship between […]

Active taxpayer under Sales Tax Act 1990

February 3, 2021February 3, 2021Mrs. Anjum Shahnawaz1 Comment

Sales Tax Act, 1990 (updated up to June 30, 2020) has defined the active taxpayer. The term ‘active taxpayer’ was introduced through Finance Act, 2015. It has been defined as a registered person who does not fall in any of the following categories, namely:- (a) who is blacklisted or whose registration is suspended in terms […]

Sales tax value addition at 3 percent applicable on all imported goods

January 25, 2021January 25, 2021Mrs. Anjum Shahnawaz

ISLAMABAD: Sales tax on account of minimum value addition at three percent is applicable on all imported goods subject to exclusions on import of various imported goods. According to Sales Tax Act, 1990, all imported goods are subject to 3 percent ad valorem subject to exclusion as in conditions and procedure. The government recently abolished […]

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