5 Major Developments in Pakistan

5 Major Developments in Pakistan

• Sales tax evasion worth billions of rupees detected

• Directorate of Intelligence & Investigation Lahore Recovers Sales Tax Evasion Worth Billions of Rupees

• Pakistan Lower House 2023 draft Finance Bill amends sales tax schedules for specific goods

• Tax consultant named in sales tax fraud of billions

• Trade body proposes VAT on supplies to individuals without CNIC

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Fraud / Tax Evasion

• Sales tax evasion worth billions of rupees detected

• Directorate of Intelligence & Investigation Lahore Recovers Sales Tax Evasion Worth Billions of Rupees

• Tax consultant named in sales tax fraud of billions

Place of Supply

• Trade body proposes VAT on supplies to individuals without CNIC

• Transportation services or carriage of goods thru roads: Provinces notify formula for sales tax

Rate

• Pakistan Lower House 2023 draft Finance Bill amends sales tax schedules for specific goods

• Govt to keep GST unchanged at 18pc

Registration

• Sales Tax Account Suspension in Pakistan

Taxable Transaction

• Finance Bill 2023: Sales tax on information technology (IT) services

Tax Authorities / Penalties

• Sales Tax Account Suspension in Pakistan