11-23-2009, 09:26 PM
Subsection (39) of section 02 define âtaxable goodsâ as all goods other than those which have been exempted under section 13; (as defined in Sixth Schedule ).
Therefore you have to charge 16% sales tax as per section 3(1), on book value (Original cost â Accumulated Depreciation) of your assets at the time of sales
Therefore you have to charge 16% sales tax as per section 3(1), on book value (Original cost â Accumulated Depreciation) of your assets at the time of sales
