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Sales Tax imposed on advance payment received | Budget 2024-25
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Pakistan Budget 2024-25 has proposed significant changes in tax rates. Section 2 of the Sales Tax Act provides definitions.
Section 2(44) of the Sales Tax Act has been amended and Sales Tax imposed on advance payment received from suppliers/ vendors.
Watch this video for details.
Sales tax definitions
Sales Tax on Advance payment
Time of Supply
Sales Tax definitions
Rates of sales tax
Sales Tax Act 1990
Updates by Qazi
...............................................................
#sakestax #advance #budget #pakistan #advancepayment #2024 #2025 #fbr #tax
Section 2(44) of the Sales Tax Act has been amended and Sales Tax imposed on advance payment received from suppliers/ vendors.
Watch this video for details.
Sales tax definitions
Sales Tax on Advance payment
Time of Supply
Sales Tax definitions
Rates of sales tax
Sales Tax Act 1990
Updates by Qazi
...............................................................
#sakestax #advance #budget #pakistan #advancepayment #2024 #2025 #fbr #tax
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