Govt increases GST rate to 19 percent on electronic appliances

BusinessGovt increases GST rate to 19 percent on electronic appliances

ISLAMABAD: The federal government has increased General Sales Tax (GST) rate to 19 percent on more than 40 electronic appliances, reports said.

The Federal Board of Revenue (FBR) has issued a notification in this regard which says that increased GST rate will be applicable on various household items including air conditioners, fans, bulbs, gas appliances, geysers, heaters, refrigerators, televisions, telephones etc. Likewise, GST rate has also been raised on some edible items including biscuits, chocolates, toffees etc.

   

The FBR has also notified a decrease in GST rate by two percentage points on some items including ready-made garments.

Must read

Recent News

Child Protection Institute resolved 258 cases of child protection since 2021

0
ISLAMABAD, Pakistan: The Child Protection Institute (CPI), Ministry of Human Rights, has dealt with 260 cases of child protection since its inauguration in June...

IPO to celebrate World Intellectual Property Day on April 26

0
ISLAMABAD, Pakistan: The annual World Intellectual Property Day, observed on April 26, is set to focus on the theme "IP and SDGs: Building Our...

Speakers demand informed policy endeavours to facilitate elderly population of Pakistan

0
ISLAMABAD, Pakistan: The HelpAge International has organized stakeholder dialogue on World Health Day to mull over suggestions to improve and guide policy endeavours to...

Interbank Dollar Rate Today in Pakistan – 24 April 2024

0
Interbank Exchange Rates in Pakistan The Interbank Closing Exchange Rate in Pakistan has been issued by the State Bank of Pakistan (SBP) for April 24,...

Ambassador Suljuk Mustansar Tarar visits Netherlands’ DRU Industrial Park to explore avenues for cooperation

0
Pakistan’s Ambassador to the Netherlands Suljuk Mustansar Tarar on Wednesday visited the DRU Industrial Park in Ulft town and had a productive meeting with...
Advertisement