gst on cars

Yesterday, we told you that the Economic Coordination Committee (ECC) had accepted the proposal to increase the General Sales Tax (GST) from 18% to 25% on all cars above Rs. 40 lacs but with engine sizes lower…

The caretaker government has taken a sudden step, which will directly increase the prices of all cars costing Rs. 40 lacs and with engine capacity below 1,400cc, as General Sales Tax (GST) on them is increased…

Today’s hot news is that the government has imposed a flat 25% GST on locally assembled 1400cc and above cars. The Federal Board of Revenue (FBR) issued a new sales tax notification under SRO 297(1)/2023…