FED @ 19.5%

[mjm54580]

<blockquote id="quote"><font size="1" face="Verdana, Arial, Helvetica, san" id="quote">quote<hr height="1" noshade id="quote"><i>Originally posted by olympia</i>
<br />There is FED @ 19.5% on Telecommunication Services in Table II of First Schedule. tell me either it is adjustable or not?
<hr height="1" noshade id="quote"></font id="quote"></blockquote id="quote">

dear sir,

mere hisab se adjustable hai,FYI.

Kindly see below link F.E.D. Act and S.R.O

http//n.fbr.gov.pk/ShowDocument.aspx?Actionid=1390 (FED ACT)

http//n.fbr.gov.pk/SROsShows.aspx?ActionID=4112&Path=http//n.fbr.gov.pk/sros/FederalExciseSROs/2006/2006sro550.pdf&Type=SROS (please full copy and paste it browse bar)

and go head fed act

1. Page No.8, Chapter II, Section 3 (d).
2. Page No.11, Section 7
3. Page No.49, Table II, S.No.6
4. Attached Notification (S.R.O. 550(I)/2006) should be read with reference to Section 7 of F.E.D. Act.

noted SRO 550/2006 mention section 3 of Sales Tax Act , this section belong is scope of tax ( please also read sales tax act).


thats my think , please laptop sir confirm it is right or wrong

rgds
Muhammad Junaid
0332-2271210