In a first major retreat after the budget announcement, the government has planned to withdraw 3% value addition sales tax imposed on 32 imported consumable and durable products besides lowering sales tax liabilities of monopolistic car assemblers.
Source: tribune.com.pk
Latest Posts in "Pakistan"
- Pakistan Revises Customs Values for Imported Tamarind with Seeds from Thailand
- User Manual for Sales Tax Withholding on Digitally Ordered Goods in Pakistan (Version 0.1)
- National Grid Company Seeks VAT Exemption on Imported Equipment for Development Projects Amid Financial Strain
- Textile Council Urges PM to Declare Export Emergency Amid Plunging Exports and Widening Trade Deficit
- Pakistan Rolls Out Phased E-Invoicing Linked to VAT and Sales Tax Compliance
