Introduction
Federal Board of Revenue has issued Notification ref: 794/(I)/2018 dated June 26, 2018.
Brief Commentary
FBR has earlier through SRO 1125(1)/2011 dated December 31, 2011 included certain items in list of supplies chargeable to sales tax @ 0% to 5%, as the case may be, subject to conditions mentioned therein. Now through SRO 794(1)/2018 dated June 26, 2018, the Serial number 50 of the table mentioned in the SRO 1125, items numbers/products (Powdered, liquid & others) have been mentioned clarifying and restricting the scope under the SRO 1125 to that tune.
Reference:
Please click below to view the latest issued SRO along with the SRO which is being referred in our above commentary
