Input tax credit means credit of Input tax i.e. tax levied on input goods, input services or both. Any goods (including capital goods) and any input services used or intended to be used by a provider ...

ISLAMABAD: Manufacturers-cum-exporters (users) of “Export Facilitation Scheme” (EFS) would now be required to pay sales tax on procurement of local input goods to be used in the finished products. The ...

Most people believe that a new year symbolizes growth and change, hence the adage, “Out with the old, in with the new.” We resolve to change things that we found unpleasant during the previous year, ...

The supply table describes the supply of different kinds of product. A distinction is made between domestic output by industry and imports of the various product groups. A row in the supply table ...