Monday, February 20, 2023

Sales Tax Increase from 17 % to 18 %

 

SALES Tax Increase - 17% to 18%

Finance division has issued notification to increase sales tax in Pakistan from 17% to 18%. The standard rate of sales tax has been increased from 17% to 18% through SRO 179(I)/2023 dated February 14, 2023. The amendment through SRO 179 is not applicable on goods subject to sales tax at retail price as specified in the Third Schedule to the Sales Tax Act, 1990. 

All FBR POS integrated retailers have been upgraded to new tax bracket accordingly.



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