- Reduced VAT on water and sewage services from 25 to 15 percent
- Reduction includes sales of water and sewage services
- Construction services related to water and sewage facilities not included
- Reduced rate to apply from 1 May 2025
- New SAF-T form required from 2025
- Mapping to industry specification accounts only permitted option from 1.1.2025
- Recommended to contact system provider to ensure compliance with new requirements
Source: pkrevenue.com
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
Latest Posts in "Pakistan"
- Pakistan FBR Mandates Online Sales Tax De-Registration Applications Only
- Pakistan updates e-invoicing deadlines for corporate taxpayers and importers
- Belgium Extends VAT Chain Transitional Period Indefinitely Due to Implementation Postponement
- Pakistan Announces New October 2025 Timetable for E-Invoicing
- Pakistan Announces Phased E-Invoice System Rollout for 2025-2026 to Boost Tax Compliance