Friday, October 15, 2010

“Computer software, aircraft, ships, defence stores and tractors: MoF urged to abolish ST exemptions”

“Computer software, aircraft, ships, defence stores and tractors: MoF urged to abolish ST exemptions”

Computer software, aircraft, ships, defence stores and tractors: MoF urged to abolish ST exemptions

Posted: 14 Oct 2010 04:52 PM PDT

ISLAMABAD (October 15 2010): The Federal Board of Revenue (FBR) has proposed the Ministry of Finance to abolish sales tax exemptions on computer software, aircrafts, ships, defence stores, tractors, bulldozers/combined harvesters and components, import and supply of fully dedicated CNG Euro-2 buses and other exemptions under the reformed general sales tax (RGST).
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