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Latest Updates

The Federal Government in supersession of earlier announced amnesty scheme notified vide SRO 563(I)/2012 dated 25.05.2012 announced a new amnesty scheme vide SRO 606(I)/2012 dated 01.06.2012 for payment of any amount of sales tax or federal excise outstanding on account of illegal adjustment of input tax credit, ¬†refund, drawback or rebate due to any reason….

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SRO 751(I)/2012

Vide SRO 751(I)/2012 dated 18.06.2012 an amendment has bee made by the Federal Government in SRO 522(I)/2012 dated 21.05.2012 extending date for payment of duty and taxes without payment of penal surcharge in respect of un-cleared overstayed bonded goods up to 30th June, 2012. Whole amount of penal surcharge has been waived off till 30.06.2012.

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SRO 548(I)/2012

Government has extended the amnesty schemes of Sales Tax allowed under SRO 548(I)/2012 and SRO 606(I)/2012 till 30th June, 2012. These schemes were otherwise expiring on 25th of June. Similarly, amnesty scheme of income tax under SRO 547(I)/2012 has also been extended till 30th June. Published on June 24, 2012 in Sales Tax. Closed Vide…