Customs Today
  • Home
  • Islamabad
  • Karachi
  • Lahore
  • National
  • Transfers and Postings
  • Chambers & Associations
  • Business
No Result
View All Result
Customs Today
  • Home
  • Islamabad
  • Karachi
  • Lahore
  • National
  • Transfers and Postings
  • Chambers & Associations
  • Business
No Result
View All Result
Customs Today
No Result
View All Result
Home Lahore

Businessmen asked to deposit 1pc sales tax

byCustoms Today ReportandSaleem Jadon
14/09/2013
in Lahore, Latest News
Share on FacebookShare on Twitter

LAHORE: Federal Board of Revenue (FBR) is urging business community to collect one per cent sales tax imposed by the parliament as businessmen are facing problems in recovering additional tax levied on suppliers or services from June 13.

It is being claimed by some suppliers that there is no provision in FBR’s e-filling system to accept the additional tax.

You might also like

Pakistan faces challenges to expand public services as Oxfam warns of rising inequality in Asia

10/10/2026

FBR moves to prevent misuse of duty-free chemical imports under Export Facilitation Scheme

10/10/2026

An Islamabad-based sales tax registered supplier said, “e-filing system only contains provision for 16pc ST on the deadline for filling returns for June,” adding that after several tries, the additional 1pc sales tax was deposited as extra tax.

The registered suppliers have asked to the government to collect additional sales tax only from those parties that purchased materials or services.

A medical equipment supplier demanded the FBR to ask the purchasers, instead of targeting suppliers, to deposit the additional tax. He said that the suppliers had already received their payments from the purchasers on legal billing based on the 16pc sales tax levied at that time. He believed that it would not be possible for suppliers to recover their money from purchasers.

The Apex Court declared the collection of 1pc additional sales tax illegal when the government raised the sales tax from 16pc to 17pc from June 13, 2013 without approval from parliament. Later, the government got the approval of charging additional tax from the parliament with retrospective effect from June 13.

Related Stories

Pakistan faces challenges to expand public services as Oxfam warns of rising inequality in Asia

byCT Report
10/10/2026

ISLAMABAD: Pakistan faces growing challenges in ensuring access to healthcare, education, and social protection as governments across Asia continue to...

FBR moves to prevent misuse of duty-free chemical imports under Export Facilitation Scheme

byCT Report
10/10/2026

KARACHI: The Federal Board of Revenue (FBR) has initiated consultations to strengthen monitoring of dyes and chemicals imported under the...

FPCCI demands electricity tariff below 9 cents to boost exports & industry

byCT Report
10/10/2026

ISLAMABAD: The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) has urged the government to reduce industrial electricity tariffs...

SBP receives $10.9b in workers’ remittances during Q1 FY27

byCT Report
10/10/2026

KARACHI: The State Bank of Pakistan (SBP) received $10.9 billion in workers’ remittances during the first quarter of fiscal year...

Next Post

Canadian woman caught smuggling cocaine in ‘baby bump’

  • Terms and Conditions
  • Disclaimer

© 2011 Customs Today -World's first newspaper on customs. Customs Today.

No Result
View All Result
  • Transfers and Postings
  • Latest News
  • Karachi
  • Islamabad
  • Lahore
  • National
  • Chambers & Associations
  • Business
  • About Us

© 2011 Customs Today -World's first newspaper on customs. Customs Today.