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Pakistan Specifies Luxury Goods Subject to Enhanced Sales Tax

|Approved Changes|Pakistan
Pakistan

Pakistan's Federal Board of Revenue has issued Sales Tax Notification 297(I)2023 on the application of an enhanced sales tax rate of 25% on the import and supply of luxury goods. The notification includes two tables listing goods subject to the application of the 25% rate. The first table lists several goods that are imported and supplied in Pakistan, including, vehicles, carpets, chocolates, cigarettes and cigars, cosmetics, footwear, furniture, home appliances, ice cream, recreational craf…

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