201502.25
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Issuance of Punjab Sales Tax on Services (Withholding) Rules, 2015

Punjab Revenue Authority has issued new withholding rules. By virtue of new rules certain features have been changed including withholding agents. These changes are as under: 1- Following persons are also declared as withholding agent in addition to earlier categories: a- All companies b- Registered persons receiving taxable services from unregistered persons. 2- Insurance services…

201405.29
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Withdrawal of Sales Tax on Services of Money Changer / Foreign Exchange Dealers

Government of Punjab vide its Notification No. SO(TAX)1-1/2013-14 dated 13.05.2014 has made an amendment in the Second Schedule (Taxable Services) of the Punjab Sales Tax on Services Act, 2012.  Through this amendment sales tax @16% levied on services provided by a foreign exchange dealer or exchange company or money changer classifiable under heading 9813.9000 and…

201401.29
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Amendment in the Punjab Sales Tax on Services (Definitions) Rules, 2012 vide Notification No. PRA/Orders.06/2012 dated 03.01.2014:

Punjab Revenue Authority vide its Notification No. PRA/Orders.06/2012 dated 03.01.2014 has inserted Rule (4A) in the Punjab Sales Tax on Services (Definitions) Rules, 2012 which states that if any service(s) is mentioned in the definition of any taxable service and has also been defined separately in the said Rules, such service shall be liable to…

201311.29
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REDUCED RATE OF SALES TAX ON SERVICES PROVIDED BY CATERERS

Punjab Revenue Authority vide its Notification No. PRA/Caterers.21/2012 dated 25.11.2013 has partially exempted services of standalone caterers, now these services will be chargeable to sales tax @ 5% w.e.f. July-2012 subject to the condition that arears shall be paid within one month of this notification. This notification however, will not be applicable on such supplies…

201305.29
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Update: Sales tax on services

The Government of Punjab has issued notification No. SO(TAX)1-1/2013-14 dated 22.05.2013, wherein certain services have been subjected to sales tax under The Punjab Sales Tax on Services Act, 2012. This notification shall have immediate effect. The list of services subjected to tax is as under: – 1.         Sales tax @ 16% has been imposed on…

201209.29
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Updates

Punjab Revenue Authority has issued Punjab Sales Tax on Services (Withholding) Rules, 2012 vide its notification No. PRA / Orders. 06 / 2012 (11) dated 27.08.2012. The following persons have been appointed as withholding agents in case they receive taxable services. (a) Federal and Provincial Governments including local and district governments, government departments and offices;…