KARACHI: Federal Board of Revenue (FBR) has withdrawn zero-rated sales tax on gas supply to three industrial units on recommendations of Regional Tax Office (RTO) concerned.
The FBR, exercising powers conferred upon it by clause (d) of section 4 of the Sales Tax Act, 1990, read with SRO, 1125(I)2011 dated 31.12.2011, made the following further amendments in its Sales Tax General Order No 16 of 2007 dated September 13, 2007.
Under the amendments, in the Table, serial number 845, 667 & 688 in column (1) and entries relating thereto in columns (2), (3) and (4) will be omitted.
The concession of zero-rated sales tax granted to Muhammad Dyeing & Bleaching, Silver Textile Factory and Sunbright Hosiery has been withdrawn.
