Latest Breaking News On - உள்ளீடு வரி - Page 8 : comparemela.com

Govt to allow 100pc input tax adjustment to ease liquidity crunch Business April 28, 2021 KARACHI: The government is likely to allow manufacturers and exporters to claim 100 percent adjustment/refund against the input tax in the upcoming annual budget, well-placed sources said on Tuesday. Sources told The News that the government would do away with the section 8B of Sales Tax Act in the upcoming federal budget to address liquidity issues of industrialists and exporters. Under the section 8B, a registered person is not allowed to adjust input tax in excess of 90 percent of the output tax for that tax period. “With the omission of section 8B (adjustable Input Tax) of the Sales Tax Act, manufacturers and exporters would be able to claim 100 percent adjustment/refund against the input tax,” a source said.

Islamabad chamberSales tax actInput taxஇஸ்லாமாபாத் அறைவிற்பனை வரி நாடகம்உள்ளீடு வரி