Pakistan

Federal govt temporarily suspends GST on solar

Published by
Digital Desk

ISLAMABAD: The Federal government temporarily suspends the general sales tax on solar consumers.

The federal government has temporarily suspended the 16 percent general sales tax on consumers who generate electricity with solar systems. The government took this decision after the review petition filed by solar consumers was approved.

The President, while accepting the appeal related to solar GST, has sent the case to the Federal Tax Ombudsman for rehearing.

The President directed that the Federal Tax Ombudsman should conduct a detailed examination of the matter afresh.

All electricity distribution companies filed an appeal against the Federal Tax Ombudsman’s decision, after which the tax was imposed on consumers using solar systems.

Pakistan and Bahrain will promote two souls, one heart, a strong partnership, Prime Minister Shehbaz Sharif

As a result of this tax, consumers had to pay heavy payments, which was being expressed serious concerns.

The Federal Tax Ombudsman had issued a tax recovery order in February this year; however, the President approved a review petition filed this month, approving a review of the tax implementation and a fresh hearing.

Digital Desk

Recent Posts

IMF projects higher inflation than government’s target

ISLAMABAD (Rizwan Abbasi): The International Monetary Fund (IMF) has projected that Pakistan’s average inflation rate…

44 minutes ago

PM Shehbaz condemns attacks on KSA, reaffirms Pakistan’s solidarity

ISLAMABAD: Prime Minister Shehbaz Sharif on Tuesday strongly condemned the recent attacks on Saudi Arabia,…

1 hour ago

Gold prices drop by Rs5,600 per tola in Pakistan

KARACHI: The gold prices in Pakistan have been reduced to Rs 424,136 following a reduction…

2 hours ago

When will Safar moon be sighted? SUPARCO predicts

ISLAMABAD: According to Pakistan Space and Upper Atmosphere Research Commission (SUPARCO), the new moon of…

3 hours ago

11 died as house collapses in Kohat after heavy rains

KOHAT: A residential house collapsed due to heavy rain in the Malgin area of ​​Lachi…

4 hours ago

Alternative to the Strait of Hormuz Ready: UAE Decides to Build New Port

ABU DHUBAI: The United Arab Emirates has prepared a plan to establish a new multi-purpose port…

4 hours ago