Question:

What is Pakistan general sales tax all about?

by Guest5514  |  12 years, 9 month(s) ago

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I am making an assignment on sales tax. It is being assigned by the university. I want to know what it is all about?

 Tags: Pakistan, Sales, tax

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  1. Guest1550
    Sales Tax was a provincial subject at the time of partition. It was being administered in the provinces of Punjab & Sindh as provincial levy. Sales tax was declared a federal subject in 1948 through the enactment of General Sales Tax Act, 1948 and in 1952, this levy was transferred permanently to the Central Government. Sales tax was levied at the standard rate of 6 pies per rupee at every stage whenever a sale was effected. The trading community protested against this system, and this resulted in the enactment of Sales Tax Act 1951

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