- The Federal Government of Pakistan (the Pakistani Government) has increased the general Sales Tax rate to 18% effective 14 February 2023.
- A 25% higher rate of Sales Tax applies to a wide range of goods imported and supplied in Pakistan and for some locally manufactured vehicles effective 8 March 2023.
- The Federal Excise Tax rate has increased for a number of products, including cigarettes, and sweetened and aerated beverages.
Source EY
Latest Posts in "Pakistan"
- Pakistan Sets Deadlines for Sales Tax Registration and Electronic Invoicing Compliance
- Pakistan mandates electronic invoicing for corporate taxpayers and importers
- Supreme Court of Pakistan: Customs Disputes Involving Major Corporations and Government Agencies
- Pakistan Customs Aims for 80% Green Channel Clearance to Boost Trade Efficiency
- PCDMA Criticizes FBR for Rushed E-Invoicing Rollout Lacking Training and Infrastructure