201607.02
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Rescission of SRO 115(I)/2008, dated the 6th February, 2008 and SRO 212(I)/2014, dated the 26th March, 2014

Vide SRO 489(I)/2016 dated 30.06.2016, the following notifications have been rescinded:- i) SRO 115(I)/2008, dated the 6th February, 2008 relating to exemption of sales tax on imports and supply of materials and equipments for construction and operation of Gawadar Port and development of Free Zone for Gawadar Port and Ship Bunker Oils bought and sold…

201607.02
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Change in the rate of sales tax applicable to retailers and specification of Special Procedure for Payment of Sales Tax by the Marble Industry

SRO 488(I)/2016 dated 30.06.2016 has been issued to allow retailers to pay sales tax @ 2% of their total turnover instead of 17% at present payable/chargeable. The retailers are required to give option to pay tax @ 2% to the Chief Commissioner concerned by 15th day of July, 2016. The total turnover, on which the…

201512.04
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Issuance of Special Procedure for Adjustment of Sales Tax due on Fertilizer rules, 2015

Vide SRO 1198(I)/2015 dated 03.12.2015, Federal Government has issued “Special Procedure for Adjustment of Sales Tax due on Fertilizers Rules, 2015” prescribing procedure for adjustment of sales tax on account of subsidy announced by Federal Government on supply of Phosphatic fertilizer. Fertilizer manufacturer / importer is required to provide complete details of sales showing NTN…

201511.30
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Revised rate of Sales Tax on Petroleum products.

Vide SRO 1180(I)/2015 dated 30.11.2015, Federal Government has amended. SRO 383(I)/2015 dated 30.04.2015 and rates of the petroleum products have been revised w.e.f. 01.12.2015. New rates are as under:–   Sr. No. Description Old Rate of Sales Tax New Rate of Sales Tax 1 Motor Spirit excluding HOBC 22% 24% 2 HOBC 16.5% 16.5% 3…

201508.29
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Change in the Criteria of Registration for Retailers

Vide SRO 738(I)/2015 dated 31.07.2015,  Federal Government has made amendments in Chapter-II (Special Procedure for Payment of Sales Tax by Retailers) of the Sales Tax Special Procedure Rules, 2007. Criteria for registration of retailers was changed through SRO 608(I)/2014 dated 02.07.2014 and retailers and trade bodies were consistently opposing the same. Now FBR has amended…