KARACHI: The Federal Board of Revenue (FBR) has exempted registered manufacturers making supply of taxable goods from the condition of submitting before FBR, the details of goods produced and goods supplied along with the value of quantity supplied.
According to SRO 493(I)/2015, FBR has rescinded SRO 863(I)/2008, which required registered manufacturers of 42 different products making supply of taxable goods to furnish by 25th of each month the details regarding installed monthly capacity, quantity produced, quantity supplied and value of quantity supplied.
These 42 items include Sugar, Tea blended, Cigarettes, Aerated Waters, Paper, Board, Chemicals, Caustic soda, Toilet soap, Flakes & Detergent, Industrial Gases (Chlorine, Hydrogen, Oxygen etc.), Paints & Varnishes, LPG, Natural Gas, Cement, Ceramic Tiles, Refrigerators, Air conditioners (Split/ Window), Deep freezers. TV sets, Washing machines, Cables & wire (insulated), Trucks, Buses, Jeeps, Motor Cars, LCVs/ LTVs, Motors cycles, Tractors, Ice Cream, Biscuits, Fruits/ Vegetable Juices, Syrups/Squashes Mineral Water, Soda Ash, Tyre & Tubes, Motor Spirit, High Speed Diesel Oil, Diesel oil, Furnace Oil, Lubricating Oil and G.I Pipes.