Introduction
Government of Khyber Pakhtunkhwa (Finance Department) issued Notification BO(Res-III)/FD/2-2/2018-19/Vol II dated Apri 2, 2019.
Commentary
Through notification No. BO (Res-III)/ FD/2-2/2018-19/vol-II-Dated April 02, 2019 issued by Government of the Khyber Pakhtunkhwa the rate of sales tax on “services provided by Accountants, Auditors and tax consultants” has been changed from 15 to 5 percent but without input adjustment and has been inserted as serial number 37-A in the Schedule II.
Earlier the above mentioned services were mentioned in Schedule II against serial No 37 as “Services provided or rendered by professionals and consultants; health care consultants legal practitioners or consultants, management consultants software or IT based system development consultants accountants, auditors and tax consultants services provided by other consultants” to be taxed at 15%. Now the same has been excluded from serial No. 37.
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