VATupdate
VAT

Share this post on

Pakistan increases Sales Tax and Federal Excise tax rates

  • The Federal Government of Pakistan (the Pakistani Government) has increased the general Sales Tax rate to 18% effective 14 February 2023.
  • A 25% higher rate of Sales Tax applies to a wide range of goods imported and supplied in Pakistan and for some locally manufactured vehicles effective 8 March 2023.
  • The Federal Excise Tax rate has increased for a number of products, including cigarettes, and sweetened and aerated beverages.

Source EY

Sponsors:

VAT news
VAT news

Advertisements: