ISLAMABAD: The sales tax exemptions on imports of goods make up Rs255.843 billion or 49.3 per cent of the total exemptions granted in the Fiscal Year 2020, the Federal Board of Revenue’s (FBR) internal report showed. The total sales tax exemptions stand at Rs518.814bn. The estimates come from the FBR’s first-ever comprehensive report titled: Tax Expenditure 2020. Under the Sales Tax …
Read More »Goods imports enjoy most sales tax exemptions
June 25, 2020