OICCI seeks to harmonise GST on both goods, services National April 26, 2021 ISLAMABAD: The Overseas International Chamber of Commerce and Industries (OICCI) has asked the government to harmonize the General Sales Tax (GST) on both goods and services and reduce its rate from 17 percent to 13 percent for the upcoming budget 2021-22. The OICCI is the collective voice of the top 200 foreign investors in Pakistan belonging to 35 countries who, as a group, are among the largest stakeholders in the economy of Pakistan. The OICCI members contribute roughly one-third of the total tax revenue collection and are among the largest investors. According to the tax proposals forwarded by the OICCI to the FBR and Ministry of Finance, the sales tax rates (federal and provincial), both on goods and services, should be harmonized throughout the country and be aligned to 13pc charged in Sindh. Moreover, only one tax return should be filed with FBR.