Zero rated tax under sales tax law

Section 4 of Sales Tax Act, 1990 has defined zero rated tax under sales tax law. 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. 4. Zero rating.– Notwithstanding the provisions of section 3 except those of sub-section (1A), the following goods shall be … Continue reading Zero rated tax under sales tax law