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b) 16 % of gross Premium paid, for others. Currently, services provided by restaurant including café, foods etc. is chargeable to sales tax at 5% without input tax adjustment provided payment of these services is received through debit or credit card. In other cases, 16% sales tax would apply.

Under the standard procedure a registered person is required to file monthly return Annexure C on 10th and Payment on 15th and return by the 18th day of the month following the period in which the supplies were made, in the designated Branches of National Bank of Pakistan.

Value-added tax (VAT) VAT (locally termed as 'sales tax') is ordinarily levied at 17% on the value of goods, unless specifically exempt or subject to sales tax at a reduced rate, after allowing related input credits.

Punjab and Sindh provincial government is are treating toll manufacturing activity as a 'service' and PRA after levying Sales tax at the rate of 16 percent effective July 1, 2013, reduced the rate to 5% from July 2020 but if this reduced rate is taken, if is not adjustable against output tax.

Ans: Standard rate of sales tax is 16% of the value of a service or services. However, telecommunication services are liable to sales tax 19.5%.

‍How to File Sales Tax Returns? Sales tax return forms can be downloaded from Federal Board of Revenue (FBR)'s official website i.e. .fbr.gov.pk. The next step is to login with your company's user ID and password. ... Now click on declaration, if you wish to file sales tax return for a certain month.

Road Tax for Two-wheelers in Punjab Period or Age of the VehicleTwo Wheelers not exceeding 91 Kg Unladen WeightTwo Wheelers exceeding 91 Kg Unladen WeightUnder 3 years of ageRS. 120Rs.400Between 3 and 6 yearsRs. 90Rs. 300Between 6 and 9 yearsRs. 60Rs. 200More than 9 yearsRs. 30Rs.100

16% 5 % without input tax adjustment.