KARACHI: Federal Board of Revenue (FBR) has withdrawn zero-rated facility allowed on supply of gas to a Karachi-based textile unit.
Through a Sales Tax General Order (STGO), the FBR suspended sales tax zero rating on supply of gas to Nina Industries Limited on the recommendations of Corporate Regional Tax Office (CRTO) Karachi.
The FBR directed chief commissioner CRTO Karachi to coordinate with Sui Southern Gas Company Limited (SSGCL) regarding implementation of withdrawal and take action/recovery made for misuse of the facility.
The FBR also asked SSGCL to start charging sales tax on the supply of gas to unit with immediate effect.
