NEW RATES FOR TAX AT IMPORT STAGE FOR NON-FILER
In the Part-II of First Schedule, there were uniform rates of tax collection u/s 148 (Imports) for filers and non-filers.
Now, through SRO 136(I)/2015 dated 13.02.2015, different rates of tax collection have BEEN given for the filers and non-filers.
| Sr.No. | Persons | Filers | Non-filers |
| (i) Industrial undertaking importing remeltable steel (PCT Heading 72.04) and directly reduced iron for its own use;(ii) Potassic fertilizers in pursuance of Economic Coordination Committee of the Cabinet’s decision No.ECC-155/12/2004 dated the 9th December, 2004;(iii) Urea;(iv) Manufacturers covered under Notification No. SRO 1125(I)/2011 dated the 31stDecember, 2011. | 1% of the import value | 1.5% of the import value | |
| Persons importing pulses | 2% of the import value | 3% of the import value | |
| Commercial importers covered under Notification No.SRO 1125(I)/2011 dated the 31st December, 2011 | 3% of the import value | 4.5% of the import value | |
| Ship breakers on import of ships | 4.5% | 6.5% | |
| Industrial undertakings not covered under S. Nos. 1 to 4 | 5.5% | 8% | |
| Companies not covered under S. Nos. 1 to 5 | 5.5% | 8% | |
| Persons not covered under S. Nos. 1 to 6 | 6% | 9% |
(ii) Rates of tax deduction on payments made towards services rendered have also been changed in the following manners:
| Filer | Non-Filer | ||
| (a) | Company | 8% of the gross amount payable | 12% of the gross amount payable |
| (b) | Others | 10% of the gross amount payable | 15% of the gross amount payable |
FBR on 25.09.2014 has selected following number of taxpayers for audit through random computer ballot.
Income Tax Corporate 1,876 cases
Income Tax Non-Corporate 62,962 cases
Sales Tax Corporate 1,410 cases
Sales Tax Non-Corporate 11,095 cases
Federal Excise Corporate 45 cases
Federal Excise Non-Corporate 24 cases
Lists of taxpayers selected for audit is available on FBR website (www.fbr.gov.pk). Taxpayers are advised to check their NTN in the respective list to find out whether they have been selected for audit or not