The National Board of Revenue (NBR) issued a clarification in this regard on Thursday as confusion has been created at field offices over the statutory Regulatory Order (SRO).
According to sources concerned at the NBR, there was an advance tax exemption on the import of firefighting equipment subject to certain conditions. But during the amendment of the Customs order in May 2021, the VAT department did not separately add the amended issues. So, there is confusion about taking advance tax at the import level.
Source: tbsnews.net
