The Federal Board of Revenue (FBR) has slapped a 25 percent sales tax on the import and local supply of a wide range of luxury goods covering aerated water/juices, confectionary items, crockery/footwear, furniture, home appliances, jewelry, cosmetics, cigarettes, vehicles in Completely Built Up (CBU) condition and locally manufactured/assembled vehicles having engine capacity of 1400cc and above.
The FBR has imposed a 25 percent sales tax on luxury goods from March 8, 2023, under the S.R.O. 297(I)/2023 issued on Wednesday.
The FBR has imposed a 25 percent sales tax on the import and local supply of
The local supply of the following items would be subjected to the 25 percent sales tax:
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