ISLAMABAD (August 18, 2010): The Federal Board of Revenue has allowed the registered persons to avail repayment-cum-drawback of sales tax on the export of ingots, billets and mild steel re-rolled products. The FBR has amended S.R.O.308(I)/2008 through a notification issued here on Tuesday.

ISLAMABAD (August 13, 2010): The manufacturing units including ghee and cooking oil located in the most affected areas of Khyber Pukhtoonkhwa including Federal Administered Tribal Areas (Fata) and Provincially Administered Tribal Areas (Pata) have been allowed to import raw material without payment of withholding tax under section 148 of the Income Tax Ordinance 2001.

ISLAMABAD (August 07, 2010): The Federal Board of Revenue (FBR) has allowed gas transmission and distribution companies to claim refund of excess input tax over output tax in any 'tax period'. The board has amended Sales Tax Rules, 2006 through SRO 748 (I)/2010 issued here on Friday. The board has amended rule 34 of the Sales Tax Rules related to refund of excess input tax not zero-rated supplies.

ISLAMABAD (June 06, 2010): Text of (SALES TAX) SRO No 395(I)/2010.

ISLAMABAD (June 06, 2010): Text of (SALES TAX) SRO No 396(I)/2010.

ISLAMABAD (June 06, 2010): Text of (SALES TAX) SRO No S.R.O. 397(I)/2010.

ISLAMABAD (June 06, 2010): Text of (SALES TAX) SRO No SRO 398(I)/2010

ISLAMABAD (June 05, 2010): The Federal Board of Revenue (FBR) has made it mandatory for the tax officials to issue sales tax refund of the zero rated exports within three days of filing of claims by the businessmen and investors operating in war affected areas of NWFP and Federally Administered Tribal Areas (FATA).

ISLAMABAD (May 16, 2010): The Federal Board of Revenue has announced that 15 percent regulatory duty on export of yarn or the component of blended yarn made from the material imported under any temporary import-cum-export notification would not be charged.

ISLAMABAD (May 14, 2010): The Federal Board of Revenue on Thursday announced that 15 percent regulatory duty would not be charged on export of all types of yarn made from the material temporarily imported under temporary importation scheme (SRO.492(I)/2009), Duty and Tax Remission for Export (DTRE) and manufacturing bonds schemes.