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FBR Exempts Sales Tax on Import on 52 Fire Fighting Vehicles
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According to an S.R.O. (1)/2021 issued by the FBR here on Wednesday, in the exercise of the powers conferred by clause (a) of sub-section (2) of section 13 of the Sales Tax Act, 1990, the Federal Government has exempted import of fifty-two fire fighting vehicles having Pakistan Customs Tariff (PCT) Code 9941 and sub-code 8705.3000 from the whole of sales tax of seventeen percent and additional sales tax of three percent.
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The ECC allowed tax- and duty-free import of 500,000 tonnes of refined sugar through the public sector and another 300,000 tonnes of raw sugar by sugar mills. File
ISLAMABAD: Amid rising prices, the government on Wednesday decided to allow tax- and duty-free import of 800,000 tonnes of sugar and 300,000 tonnes of wheat to beef up buffer stocks.
The decisions were taken at a meeting of the Economic Coordination Committee (ECC) of the Cabinet presided over by Finance Minister Dr Hafeez Shaikh.
The ECC allowed tax- and duty-free import of 500,000 tonnes of refined sugar through the public sector and another 300,000 tonnes of raw sugar by sugar mills.
Home / Press Information Department / Minister for Finance and Revenue, Dr. Abdul Hafeez Shaikh chaired meeting of Economic Coordination Committee of the Cabinet
Minister for Finance and Revenue, Dr. Abdul Hafeez Shaikh chaired meeting of Economic Coordination Committee of the Cabinet
Islamabad, January 20, 2021 (PPI-OT): Minister for Finance and Revenue, Dr. Abdul Hafeez Shaikh, chaired the meeting of Economic Coordination Committee (ECC) of the Cabinet today. Federal Minister for Interior Sheikh Rasheed Ahmad, Minister for Privatization Mohammad Mian Soomro, Minister for Planning, Development and Special Initiatives Asad Umar, Minister for Industries and Production Hammad Azhar, Adviser to the PM on Commerce Abdul Razak Dawood, Minister for Petroleum Omer Ayub, Minister for Maritime Affairs Ali Haider Zaidi, SAPM on Revenue Dr. Waqar Masood, SAPM on Energy Nadeem Babar, Adviser to the PM on Institutional Reforms and Austerity Dr. Ishrat Hussain and Minister for National Food Secu