[Pak-Media] (Press Release) FBR WITHDRAWS FED TO THE SALES TAX ON SERVICES RECEIVABLE BY THE PROVINCES TO AVOID DOUBLE TAXATION

GOVERNMENT OF PAKISTAN

REVENUE DIVISION

FEDERAL BOARD OF REVENUE

***

PRESS RELEASE

FBR WITHDRAWS FED TO THE SALES TAX ON SERVICES RECEIVABLE BY THE PROVINCES TO AVOID DOUBLE TAXATION

Islamabad, the 1^st July 2011

The Services rendered by registered persons who were previously subject to Federal Excise Duty (being collected in Sales Tax mode) have now been subject to Sales Tax by the Provinces through their legislation with effect from 1^st July, 2011. The Federal Board of Revenue through a notification has withdrawn Federal Excise Duty on such services (Table-II of First Schedule to the Federal Excise Act, 2005) with effect from the same date i.e. 1^st July, 2011 in order to avoid double taxation.

However, the registered persons providing such services will continue to charge Tax/Duty and file Sales Tax Returns as before with certain amendments being worked out in Federal Board of Revenue and the registered persons shall face no difficulty for switching from Federal Excise Duty to the Sales Tax on Services receivable by the Provinces.

-Signed-

(Riffat Shaheen Qazi)

Official Spokesperson, FBR

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