Sales Tax reduced to 16%, 2.5% SED abolished

[olympia]

http//www.brecorder.com/taxation/single/666/181/1204115/?date=2011-06-22

SED on Import item is abolished from 20th June and reduced sales tax rate of 16% is charged on import items from 20th June, 11. Is this true?

[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 />http//www.brecorder.com/taxation/single/666/181/1204115/?date=2011-06-22

SED on Import itenm is abolished from 20th June & reduced sales tax rate of 16% is charged on import items from 20th June, 11. Is this true?
<hr height="1" noshade id="quote"></font id="quote"></blockquote id="quote">

yes it is 100% true

[olympia]

<blockquote id="quote"><font size="1" face="Verdana, Arial, Helvetica, san" id="quote">quote<hr height="1" noshade id="quote"><i>Originally posted by mjm54580</i>
<br /><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 />http//www.brecorder.com/taxation/single/666/181/1204115/?date=2011-06-22

SED on Import itenm is abolished from 20th June & reduced sales tax rate of 16% is charged on import items from 20th June, 11. Is this true?
<hr height="1" noshade id="quote"></font id="quote"></blockquote id="quote">

yes it is 100% true
<hr height="1" noshade id="quote"></font id="quote"></blockquote id="quote">

but mjm54580 CBR does not issue any notification in this regard.

[LapTop]

S.R.O. 489 (I)/2011.— In exercise of the powers conferred by section 3A and sub-section (2) of section 16 of the Federal Excise Act, 2005, the Federal Government is pleased to rescind its Notification No. S.R.O. 655(I)/2007, dated the 29th June, 2007.
2. This Notification shall take effect on and from the 1st day of July, 2011.

[olympia]

g laptop yeh SRO to 3rd June, 11 ko issue hua tha. yeh ammendment aj k newspaper main ai he

[LapTop]

<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 />g laptop yeh SRO to 3rd June, 11 ko issue hua tha. yeh ammendment aj k newspaper main ai he
<hr height="1" noshade id="quote"></font id="quote"></blockquote id="quote">

Olympia Baji,,
Amendments sirf SRO ya Finance Act k through aati han newspaper k through nahi,
Special Excise Duty SRO-655/2007 k tahat lagti hay. Or SRO 489/2011 k tahat khatam ho jaye gi 1 July 2011 say.

[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 LapTop</i>
<br /><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 />g laptop yeh SRO to 3rd June, 11 ko issue hua tha. yeh ammendment aj k newspaper main ai he
<hr height="1" noshade id="quote"></font id="quote"></blockquote id="quote">

Olympia Baji,,
Amendments sirf SRO ya Finance Act k through aati han newspaper k through nahi,
Special Excise Duty SRO-655/2007 k tahat lagti hay. Or SRO 489/2011 k tahat khatam ho jaye gi 1 July 2011 say.

<hr height="1" noshade id="quote"></font id="quote"></blockquote id="quote">

dear Olympia ,

please click on below link and download FBR internal memo regarding Sales tax rate 17 to 16 and SED 2.5.

http//www.filefactory.com/file/ccf0227/n/fbr_instruction.pdf

regards
Muhammad Junaid
0332-2271210

[olympia]

<blockquote id="quote"><font size="1" face="Verdana, Arial, Helvetica, san" id="quote">quote<hr height="1" noshade id="quote"><i>Originally posted by mjm54580</i>
<br /><blockquote id="quote"><font size="1" face="Verdana, Arial, Helvetica, san" id="quote">quote<hr height="1" noshade id="quote"><i>Originally posted by LapTop</i>
<br /><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 />g laptop yeh SRO to 3rd June, 11 ko issue hua tha. yeh ammendment aj k newspaper main ai he
<hr height="1" noshade id="quote"></font id="quote"></blockquote id="quote">

Olympia Baji,,
Amendments sirf SRO ya Finance Act k through aati han newspaper k through nahi,
Special Excise Duty SRO-655/2007 k tahat lagti hay. Or SRO 489/2011 k tahat khatam ho jaye gi 1 July 2011 say.

<hr height="1" noshade id="quote"></font id="quote"></blockquote id="quote">

dear Olympia ,

please click on below link and download FBR internal memo regarding Sales tax rate 17 to 16 and SED 2.5.

http//www.filefactory.com/file/ccf0227/n/fbr_instruction.pdf

regards
Muhammad Junaid
0332-2271210


<hr height="1" noshade id="quote"></font id="quote"></blockquote id="quote">

thnks mjm54580 & laptop..

[Sajjad R1]

<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 /><blockquote id="quote"><font size="1" face="Verdana, Arial, Helvetica, san" id="quote">quote<hr height="1" noshade id="quote"><i>Originally posted by mjm54580</i>
<br />[quote]<i>Originally posted by LapTop</i>
<br />[quote]<i>Originally posted by olympia</i>
<br />g laptop yeh SRO to 3rd June, 11 ko issue hua tha. yeh ammendment aj k newspaper main ai he
<hr height="1" noshade id="quote"></font id="quote"></blockquote id="quote">

Olympia Baji,,
Amendments sirf SRO ya Finance Act k through aati han newspaper k through nahi,
Special Excise Duty SRO-655/2007 k tahat lagti hay. Or SRO 489/2011 k tahat khatam ho jaye gi 1 July 2011 say.

<hr height="1" noshade id="quote"></font id="quote"></blockquote id="quote">

dear Olympia ,

please click on below link and download FBR internal memo regarding Sales tax rate 17 to 16 and SED 2.5.

http//www.filefactory.com/file/ccf0227/n/fbr_instruction.pdf

regards
Muhammad Junaid
0332-2271210
Please send me the fbr internal memo