Home Pakistan News FBR Now Reduces Sales Tax for Online Websites

FBR Now Reduces Sales Tax for Online Websites

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The government has decided to reduce sales tax for earnings obtained through online sites.

A 6 percent sales tax on online sales made by websites after the provision of sales data through software integration requirements to the computer system will be transferred to the Federal Revenue Board (FBR).

FBR Now Reduces Sales Tax for Online Websites

FBR Now Reduces Sales Tax for Online Websites
FBR Now Reduces Sales Tax for Online Websites

FBR amended the Sales Tax Rules, 2006, by a SRO 180 (1) / 2019 issued on Monday to facilitate online sales through websites.

The standard rate of VAT is 17 percent, but sales online can get a lower rate of 6 percent VAT if they register in the FBR system according to FBR rules and provide essential data.

According to the revised rules, online sales made by websites hosting a registered domain name will also be treated as outlets sold at a store, and therefore covered under the rule of this rule, provided the sales data to the Council sent by Directors.

The computerized system by a prescribed integration software with the same data and invoices is provided to the client with the details.

The said website or websites will be registered in the computer system with the following details, including a domain name; domain name provider; name of the service provider managing the site; and addresses of supply centers and warehouses.

Sales made by the social networking ports are also considered covered by this sub-rule or they are recorded by a point of sale and the relevant provisions adhered to FBR.

The FBR allowed the sectors to integrate textiles and leather with the FBR online system to take advantage of the benefits of the reduced rate of VAT under SRO 1125 (1) / 2011.

According to the revised rules, the lowest tax does not apply to sales that do not register in a retail business and are communicated to the computer system Board as provided in Rule 150ZEB or not sold covered by the 150ZEE rule.

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