Search results
Eight Schedule to the Sales Tax Act, 1990, provides rates lower than standard rate of GST and before Finance (Supplementary) Act, 2022 a wide array of rates ranging from 1% to 16.9 % were available under the said Schedule. This caused distortion in the tax system.
3 sie 2023 · For many years, the Worldwide VAT, GST and Sales Tax Guide has been published annually, along with two companion guides on broad-based taxes: the Worldwide Corporate Tax Guide and the Worldwide Personal Tax and Immigration Guide .
It is hereby enacted as follows:—. Short title, extent, and commencement.—. (1) This Act may be called the General Sales Tax Act, 2010. It extends to the whole of Pakistan for the purposes of sales tax on goods and extends to the Islamabad Capital Territory for the purposes of sales tax on services.
publication, GST Act (s) & GST Rules(S) – Bare Law with the notifications issued up to September, 2023 to keep the readers abreast with the latest provisions of the GST law. The publication comprises of the whole spectrum of GST law viz. the Constitution (101st Amendment) Act, the CGST Act, 2017, the IGST Act, 2017, the UTGST Act, 2017, the ...
21 mar 2024 · GST, or Goods and Services Tax, is a comprehensive tax that is levied on the supply of goods and services throughout Pakistan. It is a multi-stage tax that is applied at every stage of the supply chain, from the manufacturer to the consumer.
The Islamabad Capital Territory (Tax on Services) Ordinance, 2001. Tax Laws (Second Amendment) Ordinance, 2022. Income Tax (Amendment) Ordinance, 2022. Tax Laws (Third Amendment) Ordinance, 2021. Tax Laws (Second Amendment) Ordinance, 2021. Tax Laws (Amendment) Ordinance, 2021. The Tax Laws (Amendment) Ordinance No.1 of 2020.
Around the world, businesses are increasingly being challenged to meet their multiple obligations for value-added tax (VAT), goods and services tax (GST), sales and use taxes (SUT) and other indirect taxes, in a period of rapid and unprecedented change.
