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Sales Tax reduced to 16%, 2.5% SED abolished
06-22-2011, 05:38 PM
Post: #1
Sales Tax reduced to 16%, 2.5% SED abolished
http//www.brecorder.com/taxation/single/666/181/1204115/?date=2011-06-22

SED on Import item is abolished from 20th June and reduced sales tax rate of 16% is charged on import items from 20th June, 11. Is this true?
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06-22-2011, 07:07 PM
Post: #2
 
<blockquote id="quote"><font size="1" face="Verdana, Arial, Helvetica, san" id="quote">quote<hr height="1" noshade id="quote"><i>Originally posted by olympia</i>
<br />http//www.brecorder.com/taxation/single/666/181/1204115/?date=2011-06-22

SED on Import itenm is abolished from 20th June & reduced sales tax rate of 16% is charged on import items from 20th June, 11. Is this true?
<hr height="1" noshade id="quote"></font id="quote"></blockquote id="quote">

yes it is 100% true
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06-22-2011, 07:13 PM
Post: #3
 
<blockquote id="quote"><font size="1" face="Verdana, Arial, Helvetica, san" id="quote">quote<hr height="1" noshade id="quote"><i>Originally posted by mjm54580</i>
<br /><blockquote id="quote"><font size="1" face="Verdana, Arial, Helvetica, san" id="quote">quote<hr height="1" noshade id="quote"><i>Originally posted by olympia</i>
<br />http//www.brecorder.com/taxation/single/666/181/1204115/?date=2011-06-22

SED on Import itenm is abolished from 20th June & reduced sales tax rate of 16% is charged on import items from 20th June, 11. Is this true?
<hr height="1" noshade id="quote"></font id="quote"></blockquote id="quote">

yes it is 100% true
<hr height="1" noshade id="quote"></font id="quote"></blockquote id="quote">

but mjm54580 CBR does not issue any notification in this regard.
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06-22-2011, 07:33 PM
Post: #4
 
S.R.O. 489 (I)/2011.— In exercise of the powers conferred by section 3A and sub-section (2) of section 16 of the Federal Excise Act, 2005, the Federal Government is pleased to rescind its Notification No. S.R.O. 655(I)/2007, dated the 29th June, 2007.
2. This Notification shall take effect on and from the 1st day of July, 2011.
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06-22-2011, 07:40 PM
Post: #5
 
g laptop yeh SRO to 3rd June, 11 ko issue hua tha. yeh ammendment aj k newspaper main ai he
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06-22-2011, 08:27 PM
Post: #6
 
<blockquote id="quote"><font size="1" face="Verdana, Arial, Helvetica, san" id="quote">quote<hr height="1" noshade id="quote"><i>Originally posted by olympia</i>
<br />g laptop yeh SRO to 3rd June, 11 ko issue hua tha. yeh ammendment aj k newspaper main ai he
<hr height="1" noshade id="quote"></font id="quote"></blockquote id="quote">

Olympia Baji,,
Amendments sirf SRO ya Finance Act k through aati han newspaper k through nahi,
Special Excise Duty SRO-655/2007 k tahat lagti hay. Or SRO 489/2011 k tahat khatam ho jaye gi 1 July 2011 say.
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06-22-2011, 10:24 PM
Post: #7
 
<blockquote id="quote"><font size="1" face="Verdana, Arial, Helvetica, san" id="quote">quote<hr height="1" noshade id="quote"><i>Originally posted by LapTop</i>
<br /><blockquote id="quote"><font size="1" face="Verdana, Arial, Helvetica, san" id="quote">quote<hr height="1" noshade id="quote"><i>Originally posted by olympia</i>
<br />g laptop yeh SRO to 3rd June, 11 ko issue hua tha. yeh ammendment aj k newspaper main ai he
<hr height="1" noshade id="quote"></font id="quote"></blockquote id="quote">

Olympia Baji,,
Amendments sirf SRO ya Finance Act k through aati han newspaper k through nahi,
Special Excise Duty SRO-655/2007 k tahat lagti hay. Or SRO 489/2011 k tahat khatam ho jaye gi 1 July 2011 say.

<hr height="1" noshade id="quote"></font id="quote"></blockquote id="quote">

dear Olympia ,

please click on below link and download FBR internal memo regarding Sales tax rate 17 to 16 and SED 2.5.

http//www.filefactory.com/file/ccf0227/n/fbr_instruction.pdf

regards
Muhammad Junaid
0332-2271210
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06-25-2011, 04:59 PM
Post: #8
 
<blockquote id="quote"><font size="1" face="Verdana, Arial, Helvetica, san" id="quote">quote<hr height="1" noshade id="quote"><i>Originally posted by mjm54580</i>
<br /><blockquote id="quote"><font size="1" face="Verdana, Arial, Helvetica, san" id="quote">quote<hr height="1" noshade id="quote"><i>Originally posted by LapTop</i>
<br /><blockquote id="quote"><font size="1" face="Verdana, Arial, Helvetica, san" id="quote">quote<hr height="1" noshade id="quote"><i>Originally posted by olympia</i>
<br />g laptop yeh SRO to 3rd June, 11 ko issue hua tha. yeh ammendment aj k newspaper main ai he
<hr height="1" noshade id="quote"></font id="quote"></blockquote id="quote">

Olympia Baji,,
Amendments sirf SRO ya Finance Act k through aati han newspaper k through nahi,
Special Excise Duty SRO-655/2007 k tahat lagti hay. Or SRO 489/2011 k tahat khatam ho jaye gi 1 July 2011 say.

<hr height="1" noshade id="quote"></font id="quote"></blockquote id="quote">

dear Olympia ,

please click on below link and download FBR internal memo regarding Sales tax rate 17 to 16 and SED 2.5.

http//www.filefactory.com/file/ccf0227/n/fbr_instruction.pdf

regards
Muhammad Junaid
0332-2271210


<hr height="1" noshade id="quote"></font id="quote"></blockquote id="quote">

thnks mjm54580 & laptop..
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07-25-2011, 06:15 PM
Post: #9
 
<blockquote id="quote"><font size="1" face="Verdana, Arial, Helvetica, san" id="quote">quote<hr height="1" noshade id="quote"><i>Originally posted by olympia</i>
<br /><blockquote id="quote"><font size="1" face="Verdana, Arial, Helvetica, san" id="quote">quote<hr height="1" noshade id="quote"><i>Originally posted by mjm54580</i>
<br />[quote]<i>Originally posted by LapTop</i>
<br />[quote]<i>Originally posted by olympia</i>
<br />g laptop yeh SRO to 3rd June, 11 ko issue hua tha. yeh ammendment aj k newspaper main ai he
<hr height="1" noshade id="quote"></font id="quote"></blockquote id="quote">

Olympia Baji,,
Amendments sirf SRO ya Finance Act k through aati han newspaper k through nahi,
Special Excise Duty SRO-655/2007 k tahat lagti hay. Or SRO 489/2011 k tahat khatam ho jaye gi 1 July 2011 say.

<hr height="1" noshade id="quote"></font id="quote"></blockquote id="quote">

dear Olympia ,

please click on below link and download FBR internal memo regarding Sales tax rate 17 to 16 and SED 2.5.

http//www.filefactory.com/file/ccf0227/n/fbr_instruction.pdf

regards
Muhammad Junaid
0332-2271210
Please send me the fbr internal memo
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