PAKISTAN HOSIERY MANUFACTURERS & EXPORTERS ASSOCIATION
37-H, BLOCK-6 P.E.C.H.S., KARACHI-PAKISTAN
TEL: 0092-21-34522769, 34522685, 34544765 FAX: 0092-21-34543774
Ref. No. PHMA/Cir-026/2014
Dated: 27th March, 2014
TO ALL MEMBERS OF THE ASSOCIATION
INPUT TAX ADJUSTMENT ALLOWED AGAINST PROVINCIAL LAWS.
We are attaching herewith Federal Board of Revenue (FBR) Notification Ref. No. S.R.O.___(I)/2014 dated 26th March, 2014 on the subject for your information.
In which Federal Government declares the tax levied on services under the Provincial Laws to be “Provincial Sales Tax” for the purpose of input tax credit / adjustment with effective from 01.07.2013.
Thanks & Best Regards,
Yunus Bin Aiyoob