LAHORE: The Punjab Revenue Authority (PRA) has said that marriage halls, including marquees or any such business by whatever name, will be taxed at the rate of 5 percent subject to conditions and restrictions.
According to a notification issued by the PRA, the arrears of sales tax with effect from May 22, 2013 onward shall be paid within a month of issuance of the notification, but if the sales tax has been collected at standard rate, arrears shall be paid on the basis of such rate.
The PRA further said that if a registered person fails to comply with clause (i), that person shall be liable to pay taxes at standard rate on the past and future services provided through standalone marriage halls or lawns.
