ISLAMABAD: Federal Board of Revenue (FBR) has withdrawn sales tax zero rated facility on supply of electricity allowed to 22 textile units with immediate effect.
In a Sales Tax General Order (STGO), the FBR said that it had withdrawn the sales tax zero rated facility on supply of electricity given to 22 textile units under SRO 1125(I)/2011.
The facility has been withdrawn on recommendations of Regional Tax Office (RTO) Faisalabad on identification of misuse.
The following textile units have been denied sales tax zero rated facility:
- Ttiasat Hussain Weaving Factory
- Tahir Weaving Factory
- Amjad Ali Weaving Factory
- Tarif Javed Weaving Factory
- Muhamad Anwar Weaving Factory
- Al-Khairia Weaving
- Muhammad Hamid Weaving Factory
- M.Z.A. Weaving Factory
- Muhammad Wasim Weaving Factory
- S.S. Weaving
- M. Abbas Weaving Factory
- Abdul Ghafoor Weaving
- Hoor Fatima
- Zahid Hussain Weaving Factory
- Khaliq Weaving Factory
- Zainab Weaving Factory
- Malik Iftikhar Ahmad Weaving Factory
- Ali Processing Works
- AH Processing
- Muhammad Boota Weaving Factory
- Hadi Doubling
- Superior Gloves
The FBR directed the chief commissioner of RTO Faisalabad to submit report in respect of action taken in recovery made for misuse of the facility.
It further directed M/s. Faisalabad Electric Supply Company to start charging normal sales tax on the supply of electricity with immediate effect.
