Vide SRO 37(I)/2017 dated 23.01.2017, Federal Government has extended the period of operation of SRO 811(I)/2016, dated 31.08.2016, till 31.03.2017, wherein amendment was made in Division XXI of Part IV of the Income Tax Ordinance, 2001. Through this amendment income tax @ 0.4% will be charged on banking transactions of non-filer for the period [...]
The proposed changes can be accessed here: https://drive.google.com/open?id=0BwUI-PxfjgugQ1FvbUZSdjZ1YUJWdDlKUEp0bEtIbk1pcmVj
The proposed changes can be accessed here: https://drive.google.com/open?id=0BwUI-PxfjgugQ1FvbUZSdjZ1YUJWdDlKUEp0bEtIbk1pcmVj
Vide SRO 565(I)/2017 dated 01.07.2017 FBR with the approval of Minister in Charge has made certain amendments in SRO 577(I)/2006 dated 05.06.2006 (Exemption from customs duty & sales tax on import and sale of motor vehicles by diplomats, privileged persons, organization and agency). Applicable rate of duty and procedure for disposal of second vehicle [...]
Vide SRO 565(I)/2017 dated 01.07.2017 FBR with the approval of Minister in Charge has made certain amendments in SRO 577(I)/2006 dated 05.06.2006 (Exemption from customs duty & sales tax on import and sale of motor vehicles by diplomats, privileged persons, organization and agency). Applicable rate of duty and procedure for disposal of second vehicle [...]
Vide SRO 582(I)/2017 dated 01.07.2017 FBR has made following amendments in SRO 413(I)/2012 dated 25.04.2012 (Tracking and Monitoring of Cargo Rules, 2012):- These rules have been made applicable to all transit cargos including (i) cargo imported into or exported from Export Processing Zones, Special Economic Zones, Free Zones, (ii) exports from Manufacturing Bonds under [...]
Vide SRO 582(I)/2017 dated 01.07.2017 FBR has made following amendments in SRO 413(I)/2012 dated 25.04.2012 (Tracking and Monitoring of Cargo Rules, 2012):- These rules have been made applicable to all transit cargos including (i) cargo imported into or exported from Export Processing Zones, Special Economic Zones, Free Zones, (ii) exports from Manufacturing Bonds under [...]
The Federal Government has extended the date of payment of sales tax and federal excise duty from 15.07.2016 to 18.07.2016 and the date of submission of sales tax and federal excise return from 18.07.2016 to 21.07.2016 for the tax period of June, 2016.
The Federal Government has extended the date of payment of sales tax and federal excise duty from 15.07.2016 to 18.07.2016 and the date of submission of sales tax and federal excise return from 18.07.2016 to 21.07.2016 for the tax period of June, 2016.
FBR has extended date of filing of sales tax and federal excise return for the month of August 2016 as follows: Annex-C – 19/09/2016 Payment – 22/09/2016 Submission of return – 23/09/2016