Ahmed Mukhtar Naqshbandi
ISLAMABAD: Pakistan’s Federal Board of Revenue (FBR) is likely to issue a statutory regulatory order (SRO) to levy a 25% sales tax on a number of imported luxury and non-essential goods. Reports said that the new measure should produce additional revenue of 15 billion rupees in the remaining time of 2022-23.
FBR is likely to impose sales tax on luxury items
Officials of FBR informed the media that the list has also been prepared and it would be notified soon. Reports said that the FBR is likely to impose a 25% sales tax on the import of home appliances, cosmetics, crockery, Pet food, shoes, chandeliers, and lighting (except energy savers).
Tax can also be imposed on the following items:
Automobiles (CBU)
Luxury mattresses,
Heaters/blowers
Sunglasses
Kitchenware
Cigarettes
Bathroom ware/toiletries
Shaving goods
Musical instruments
Luxury leather apparel
Jams and jelly
Sauces, Ketchup
Fish and frozen fish
Fruits, dry fruits
Frozen meat
Juices
Pasta
Aerated water
Ice cream
Chocolates
Cornflakes
