AIRLINK 72.59 Increased By ▲ 3.39 (4.9%)
BOP 4.99 Increased By ▲ 0.09 (1.84%)
CNERGY 4.29 Increased By ▲ 0.03 (0.7%)
DFML 31.71 Increased By ▲ 0.46 (1.47%)
DGKC 80.90 Increased By ▲ 3.65 (4.72%)
FCCL 21.42 Increased By ▲ 1.42 (7.1%)
FFBL 35.19 Increased By ▲ 0.19 (0.54%)
FFL 9.33 Increased By ▲ 0.21 (2.3%)
GGL 9.82 Increased By ▲ 0.02 (0.2%)
HBL 112.40 Decreased By ▼ -0.36 (-0.32%)
HUBC 136.50 Increased By ▲ 3.46 (2.6%)
HUMNL 7.14 Increased By ▲ 0.19 (2.73%)
KEL 4.35 Increased By ▲ 0.12 (2.84%)
KOSM 4.35 Increased By ▲ 0.10 (2.35%)
MLCF 37.67 Increased By ▲ 1.07 (2.92%)
OGDC 137.75 Increased By ▲ 4.88 (3.67%)
PAEL 23.41 Increased By ▲ 0.77 (3.4%)
PIAA 24.55 Increased By ▲ 0.35 (1.45%)
PIBTL 6.63 Increased By ▲ 0.17 (2.63%)
PPL 125.05 Increased By ▲ 8.75 (7.52%)
PRL 26.99 Increased By ▲ 1.09 (4.21%)
PTC 13.32 Increased By ▲ 0.24 (1.83%)
SEARL 52.70 Increased By ▲ 0.70 (1.35%)
SNGP 70.80 Increased By ▲ 3.20 (4.73%)
SSGC 10.54 No Change ▼ 0.00 (0%)
TELE 8.33 Increased By ▲ 0.05 (0.6%)
TPLP 10.95 Increased By ▲ 0.15 (1.39%)
TRG 60.60 Increased By ▲ 1.31 (2.21%)
UNITY 25.10 Decreased By ▼ -0.03 (-0.12%)
WTL 1.28 Increased By ▲ 0.01 (0.79%)
BR100 7,566 Increased By 157.7 (2.13%)
BR30 24,786 Increased By 749.4 (3.12%)
KSE100 71,902 Increased By 1235.2 (1.75%)
KSE30 23,595 Increased By 371 (1.6%)

ISLAMABAD: The Federal Board of Revenue (FBR) will charge three percent further sales tax on supplies made to the private hospitals, non-governmental organizations (NGOs) and charitable organisations that have not obtained sales tax registration numbers (STRNs).

In this regard, the FBR has issued a clarification on the applicability of further sales tax here on Friday.

The FBR’s legal interpretation revealed that refers to Healthcare Devices Association of Pakistan letter on the subject and says that SRO648(I)/2013 provides exclusion from charging of further tax as envisaged under section 3(IA) of the Sales Tax Act, 1990.

INGOs: FTO helps create Rs660m tax demand

Supplies made to persons who procure goods to be used in their business whether or not such goods in furtherance of business will attract further tax under section 3(1A) of the Sales Tax Act, 1990 if such persons have not obtained sales tax registration number, the FBR maintained.

As supplies to government, semi-government and statutory regulatory bodies are excluded from further tax as provided under serial number 12 of the aforesaid SRO as amended through SRO.692(I)/2019; therefore, supplies to these entities whether or not registered under the Sales Tax Act, 1990 will not attract further tax.

On the other hand, supplies made to the private hospital, NGOs and charitable organisations who that not obtained sales tax registration numbers will attract further tax irrespective of the fact that such goods are consumed by these entities otherwise, the FBR added.

Copyright Business Recorder, 2022

Comments

Comments are closed.

A concerned citizen May 28, 2022 12:39pm
A highly regressive tax collection scheme. This will only increase cost of patient treatment and health care. FBR should immediately restore the exemption for hospitals. The energies should be focused on taxing black money parking lots like Real Estate instead of further pressurizing the already marginalized section of society in shape of patients.
thumb_up Recommended (0)
Syed Sohail Ahmed May 29, 2022 11:09pm
AoA. Please detail share FBR. Policy govt officer.SohailPS to SACM0300-2162791. Email. sohail3907ahmedgmail.com
thumb_up Recommended (0)
Mian Irfan Khan May 30, 2022 01:06pm
It is important
thumb_up Recommended (0)
chyasirali83 May 31, 2022 10:00am
@A concerned citizen, agreed.
thumb_up Recommended (0)
IMRAN Aug 17, 2022 04:35pm
If any charitable organization not registered with sales tax are they exempt from sales tax and further tax ?
thumb_up Recommended (0)
IMRAN Aug 17, 2022 04:36pm
If any charitable organization not registered with sales tax are they exempt from sales tax and further tax ?
thumb_up Recommended (0)