ISLAMABAD: The FedĀ­eral Board of Revenue (FBR) has notified reduction in sales tax rate on import of finished goods of textile and leather.

A notification SRO1070 was issued on Monday by amending the SRO1125 of 2011. As per decision, the sales tax was reduced to 6 per cent from standard 17pc on import of these finished products for consumption in domestic market.

Published in Dawn, October 24th, 2017