Imposition of Withholding Sales Tax in Pakistan

Withholding Sales Tax

Introduction Withholding sales tax under Sales Tax Act 1990 is deducted in accordance with the provisions of Section 3(7) of Sales Tax Act 1990, read as given below: “The tax shall be withheld  at the rate as specified in the Eleventh Schedule, by any person or class of persons being purchaser of goods or services, … Read more

Latest Eleventh Schedule of Sales Tax Act 1990

Eleventh Schedule of Sales Tax Act 1990

Introduction The Eleventh Schedule of the Sales Tax Act, 1990 describes the rates for withholding of sales tax in accordance with the Section 3(7) of the Sales Tax Act, 1990. Withholding Sales Tax Rates Under Eleventh Schedule Active Taxpayers Under Eleventh Schedule the Federal and provincial government departments; autonomous bodies; and public sector organizations and … Read more