FBR exempts sales tax on 61 Covid-related medical goods

ISLAMABAD: The Federal Board of Revenue (FBR) on Wednesday exempted sales tax on the import of medical instruments and equipment for prevention and treatment of the Covid-19 pandemic.

According to FBR’s SRO 1257(I)/2020, sales tax exemption has been granted on the import of around 61 Covid-related items with effect from October 1, 2020, till June 30, 2021.

On Tuesday, the FBR had exempted customs duty, regulatory duty and additional customs duty on import of 61 diagnostic support and personal protective equipment (PPEs) for a period of seven months in order to reduce the rising prices in the domestic market.

The decision on duty waiver came through SRO1251 issued by the FBR.

Must Read

PM Shehbaz demands tax net expansion as FBR misses target by...

With income tax outperforming but sales and customs lagging, the premier calls for digital enforcement and firm action against evaders to stabilize revenues