FBR raises sales tax on tea
ISLAMABAD: The Federal Board of Revenue (FBR) has increased the sales tax on both locally supplied and imported tea. As per details, the FBR has established a minimum retail price of Rs. 1,200 per kilogram, raising the current sales tax rate on tea from 17% to 18%. The decision was
FBR increases sales tax on tea
The FBR has fixed a minimum retail price of Rs1,200 per kilogram for imported as well as locally supplied tea. This was done to standardise the prices for sales tax calculation purposes and was formalised through S.R.O. 1735(1)/2024. The minimum retail price so fixed for tea is declared to be
