FBR issues procedure for zero-rated supplies to Duty Free Shops

ISLAMABAD: Federal Board of Revenue (FBR) has issued procedure for zero-rated sales tax supply to duty free shops. Read more »

Inland Revenue directed to ensure no zero-rate supply of gas, electricity

ISLAMABAD: Federal Board of Revenue (FBR) has directed offices of Inland Revenue to ensure implementation of normal tax rate on supply of gas and electricity to manufacturing facilities. Read more »

No compromise on documentation; PM refuses to withdraw CNIC condition

KARACHI: Prime Minister Imran Khan on Wednesday showed firm resolve to document the economy and flatly refused demands of business community to withdraw condition of CNIC on sales above Rs50,000. Read more »

Karachi Chamber demands restoration of sales tax zero rating for export industries

KARACHI: Karachi Chamber of Commerce and Industry (KCCI) on Thursday urged the government to restore sales tax zero-rating for export oriented industries as due to withdrawal of this scheme many industries have... Read more »

Protest on June 10 against plan to abolish zero-rate sales tax

KARACHI: Textile value added sector has announced to stage protest on Monday June 10, 2019 against proposed plan to abolish sales tax zero-rating for export sector. Read more »

FPCCI expresses concerns over abolishing zero-rate regime

KARACHI: Federation of Pakistan Chambers of Commerce and Industry (FPCCI) has expressed serious concerns over rumors regarding abolishing zero-rated for export sector. Read more »

Textile exporters oppose proposed plan for abolishing zero-rating, FTR

KARACHI: The textile exporters have strongly opposed to the proposed withdrawal of zero-rating of sales tax and abolishing Final Tax Regime (FTR). Read more »

FBR withdraws sales tax zero-rating on electricity supply to two textile units

KARACHI: Federal Board of Revenue (FBR) has suspended sales tax zero rating on supply of electricity to two textile units on misuse of tax concession facility. Read more »