FBR imposes Rs250 sales tax on sale, activation of cell phone sims

BusinessFBR imposes Rs250 sales tax on sale, activation of cell phone sims

ISLAMABAD: The Federal Board of Revenue (FBR) on Friday imposed sales tax on sale and activation of cell phone sims at a flat rate of Rs250 per sim, a move which is likely to attract consumers’ flak.

According to a notification issued by the FBR, mobile phone companies are required to submit monthly tax returns to the FBR.

Moreover, the FBR has also imposed tax on the import of low-priced cell phones at the flat rate of Rs150 while on medium-priced cell phones the rate of tax is Rs250.

In addition, a flat tax of Rs500 per set has also been imposed on the import of smartphones, android phones.

Must read

Recent News

Foreign powers, Imran Khan and his foreign connections

Legal implications of Movement of Civil Disobedience and sending remittances through illegal means

0
Islamabad, Pakistan: In 2014, the founding chairman of PTI Imran Khan announced a movement of Civil Disobedience. He burnt utility bills and ordered his...

May 9 Case Verdict: Real justice will be done by bringing the mastermind to...

0
Islamabad, Pakistan: On May 9, 2023, the miscreants of PTI wrote a dark chapter in the history of Pakistan on the clear instructions of...

16 more brave men in uniform laid their lives for their motherland

0
Islamabad, Pakistan: 16 more brave soldiers of the Pakistan Army laid their lives for their motherland while fighting with TTP terrorists (officially called Khwarij)...
The formation of a Judicial Commission would frustrate the legal process against the culprits of the May 9 incidents

Delayed but Not Denied: Names of 25 persons who are convicted in May 9...

0
Islamabad, Pakistan: After getting approval from the Supreme Court this week, the military courts announced the verdict of the May 9 2023 Mutiny case...

Terrorism in Russia: Central Asian Youth Becoming hired-guns

0
Monitoring Desk: The killing of top Russian General Igor Kirillov along with his assistant confirmed again connections between emerging terrorism and Central Asian republics.This...
Advertisement