In the realm of sales tax, zero rated and exempt goods are often misconstrued as having the same treatment. However, there are fundamental differences between the two. When a normal […]
If you are a Pakistani business owner or taxpayer, you may have faced the challenge of claiming input tax in a goods and services contract. In Pakistan, goods are taxed […]
As a registered taxpayer in Pakistan, it is crucial to maintain compliance with the taxation laws to avoid any legal repercussions. One of the major obligations of a registered person […]
Sales tax is a form of indirect tax that is levied on the sale of goods and services at each stage of the supply chain. It is one of the […]
The Finance Bill 2022 has introduced several positive measures, such as progressive taxation, poverty alleviation tax, and deemed income tax on immovable property, among others. However, it also has some […]
The Finance Bill 2022 proposes several significant changes in the Sales Tax regime in Pakistan. These changes include the modification of the definition of Tier 1 retailers, the imposition of […]
The Finance Bill 2022-23 has proposed several changes in the sales tax regulations in Pakistan. One of the significant changes is related to the jewellers, who will now fall under […]
