07-16-2011, 04:43 PM
<blockquote id="quote"><font size="1" face="Verdana, Arial, Helvetica, san" id="quote">quote<hr height="1" noshade id="quote"><i>Originally posted by imran5337</i>
<br />I need a clarification as being a commercial Importer; my Tax consultant is pushing me to charge my customers additional 5% of GST (as per finance Bill) in addition to existing rate of 16% and his statement is based on SRO 283(I)/2011 whereas I think, this 5% is to be charged by the Exporter (to whom I have sold the zero rated product as per this SRO) when he sells something to local customer other than exporting it to some foreign buyer whereas for a commercial importer rate will be either 0% in case of zero rated or 16% in case it is not zero rated.
Please help me in understanding this.
<hr height="1" noshade id="quote"></font id="quote"></blockquote id="quote">
dear ,
if you are commercial importer and you sales your item ( which is zero rated against SRO 283) to unregistered person then you will charge 6% and respective deposit to FBR.
regards
Muhammad junaid
0332-2271210
<br />I need a clarification as being a commercial Importer; my Tax consultant is pushing me to charge my customers additional 5% of GST (as per finance Bill) in addition to existing rate of 16% and his statement is based on SRO 283(I)/2011 whereas I think, this 5% is to be charged by the Exporter (to whom I have sold the zero rated product as per this SRO) when he sells something to local customer other than exporting it to some foreign buyer whereas for a commercial importer rate will be either 0% in case of zero rated or 16% in case it is not zero rated.
Please help me in understanding this.
<hr height="1" noshade id="quote"></font id="quote"></blockquote id="quote">
dear ,
if you are commercial importer and you sales your item ( which is zero rated against SRO 283) to unregistered person then you will charge 6% and respective deposit to FBR.
regards
Muhammad junaid
0332-2271210