ISLAMABAD: Federal Board of Revenue (FBR) has withdrawn the facility of zero-rated sales tax on consumption of electricity allowed to three textile units.
In a Sales Tax General Order (STGO) issued by the FBR stated that the sales tax facility from the textile units, including I. A. Textiles, Abdul Ghaffar Weaving Factory and Badar-ud-Din Weaving, have been withdrew on the recommendations of Regional Tax Office (RTO) Faisalabad.
The FBR directed Chief Commissioner RTO Faisalabad to coordinate with FESCO Authorities regarding implementation of sales tax zero rating withdrawal and to submit report in respect of action taken/ recovery made for misuse of the facility. The FBR also asked Faisalabad Electric Supply Company to start charging sales tax on the supply of electricity to the taxpayers.
