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"
- Customs Values of Imported Latex Rubber Threads Revised to Reflect International Price Trends
- Pakistan Introduces Withholding Tax on Digital Goods, Suspends Digital Presence Proceeds Tax
- FBR Mandates POS Integration for Retailers Exceeding Withholding Tax Thresholds
- Pakistan Customs Seizes Smuggled Cigarettes, Raw Materials Worth Over Rs. 1.1 Billion in Major Raids
- Punjab Tribunal: Sale of Developed Plots Not Taxable Under Provincial Sales Tax Law
