The Federal Revenue Board (FRB) issued S.R.O. 1321(I)/2019 dated November 08, 2019.
Through aforementioned SRO, FBR made following amendment The Twelfth Schedule to the Sales Tax Act 1990 whereby the goods as specified in the Third Schedule on which tax is paid on retail price basis are excluded from levy of Value Addition Tax under Section 7A of the Sales Tax Act 1990.
LINK OF DOCUMENT
Leave A Comment