This is a reversal of the plan earlier this year to introduce 17% VAT on e-commerce sellers. B2B transactions online are not included. It is not yet clear how the sellers will be able to claim and report the Withholding Tax.
Source: vatcalc.com
Latest Posts in "Pakistan"
- Supreme Court of Pakistan: Customs Disputes Involving Major Corporations and Government Agencies
- Pakistan Customs Aims for 80% Green Channel Clearance to Boost Trade Efficiency
- PCDMA Criticizes FBR for Rushed E-Invoicing Rollout Lacking Training and Infrastructure
- FBR Overhauls Customs Audit Framework to Enhance Compliance and Transparency in Pakistan
- FBR Enforces Penalties for Non-Compliance with Digital Invoice Regulations in Pakistan
