- The Federal Board of Revenue (FBR) has issued a notification amending the Sales Tax Rules, 2006.
- A new sub-rule is added to rule 150Q.
- Retailers with deductible withholding tax exceeding Rs. 100,000 (under section 236G) or Rs. 500,000 (under section 236H) in the previous period must integrate their business for sales tax purposes.
- The amendment is made under the powers conferred by the Sales Tax Act, 1990.
Source: download1.fbr.gov.pk
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 Revises Customs Values for Imported Tamarind with Seeds from Thailand
- User Manual for Sales Tax Withholding on Digitally Ordered Goods in Pakistan (Version 0.1)
- National Grid Company Seeks VAT Exemption on Imported Equipment for Development Projects Amid Financial Strain
- Textile Council Urges PM to Declare Export Emergency Amid Plunging Exports and Widening Trade Deficit
- Pakistan Rolls Out Phased E-Invoicing Linked to VAT and Sales Tax Compliance
