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SRB Releases Sales Tax Rates for Hotel Services in 2024

  • The Sindh Revenue Board (SRB) has released the sales tax rates for hotel services for the tax year 2024.
  • The rates apply to services provided by hotels, motels, guest houses, restaurants, marriage halls, lawns, clubs, and caterers.
  • The tax rate for all these services is 13%.
  • The aim is to streamline the taxation process and ensure transparency.
  • The release of the rates well in advance helps businesses in financial planning and compliance efforts.
  • Business owners in the hospitality sector should familiarize themselves with the new rates and ensure compliance.
  • The SRB is committed to transparency and predictability in the tax system.

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.

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