Procedure for tax credit notified
KARACHI: The Federal Board of Revenue has notified the procedure for taking tax credit of tax paid under Amnesty Acts 2018, in cases where declaration was not filed. Under sections…
FBR notifies procedure for disbursement of GD service charges
KARACHI: The Federal Board of Revenue (FBR) has notified procedure for disbursement of goods declaration (GD) charges, which were imposed in 2011 against processing of GD of imported consignments. A…
FBR notifies procedure for processing of sales tax zero-rating claim applications
KARACHI: The Federal Board of Revenue (FBR) has notified the procedure and requirements for the purpose of uniform and expeditious processing and disposal of cases for the grant, rejection or…
FBR simplifies procedure for sales tax registration
KARACHI: The Federal Board of Revenue (FBR) through amendments in Sales Tax Rules, 2006 has relaxed the procedure of sales tax registration. FBR has relaxed the condition of computerized submission…
FBR notifies procedure for sales tax adjustment
KARACHI: The Federal Board of Revenue (FBR) has notified the procedure for adjustment by steel melters of the sales tax paid at import stage on the specified categories of remeltable…
FBR notifies procedure for income tax audit
KARACHI: The Federal Board of Revenue (FBR) has notified procedures for selection of case for income tax audit vide SRO 131(I)/2016. Board has the authority to exclude any person or…