Third Schedule Archives - Pkrevenue.com

Auto parts, motorcycles should be excluded from retail price printing condition

May 29, 2020May 29, 2020Mrs. Anjum Shahnawaz

KARACHI: Federal Board of Revenue (FBR) has been urged to exclude auto spare parts and motorcycles from the requirement of printing of retail price. Karachi Chamber of Commerce and Industry (KCCI) in proposals for budget 2020/2021 submitted to the FBR, said that due to inclusion of motorcycle and automobile spare parts in the Third Schedule, […]

FBR withdraws 3pc value addition tax on imported consumer items

November 9, 2019February 15, 2021Mrs. Anjum Shahnawaz

ISLAMABAD: Federal Board of Revenue (FBR) has withdrawn three percent minimum value addition tax on import of consumer items on which sales tax is paid on retail basis. The FBR on Friday issued SRO 1321(I)/2019 and amended the Twelfth Schedule of Sales Tax Act, 1990 under which three percent minimum value addition sales tax has […]

Tag: Third Schedule

Auto parts, motorcycles should be excluded from retail price printing condition

FBR withdraws 3pc value addition tax on imported consumer items

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