Government imposed 10pc tax on personal computers and laptops, notebooks, whether or not incorporating multimedia kit Dairy farmer selling milk at milk market in Karachi's Lyari neighbourhood on November 7, 2021. — PPI
ISLAMABAD: The FBR has abolished exemptions and imposed GST on milk and milk products, stationery items, LPG, poultry feeds, tractors, supplies of electricity to all residential and commercial consumers in tribal areas, newsprint and books and mobile phones in the budget.
The government wants to clinch IMF deal for medium term Extended Fund Facility (EFF) in the range of $6 to $8 billion for which the IMF has given dictation to abolish GST exemptions including zero rating of different revenue spinner items.
The government imposed 10pc tax on personal computers and laptops, notebooks, whether or not incorporating multimedia kit. The FBR slapped 10pc GST on different stationery items including colours in sets, writing drawing and marking inks, exercise books, pencil, sharpener, other drawing marking out of mathematical calculating instruments (geometry box), pens, ballpoint, markers and porous tipped pens, pencils including colour pencils.
The FBR also proposed to slap 6pc tax till June 30, 2025 and afterwards 12pc on supplies and imports of plant and machinery for installation in tribal areas, supplies of electricity for residential and commercial consumers in tribal areas, oilcake and other solid residue, local supply vermicelli, sheermal, bun and rusk excluding those sold in bakeries and sweet shops, local supply of poultry feed, cattle feed, sunflower seed, meal, rapeseed, meal and canola seed meal, newsprint and books.
On mobile phones in shape of CKD/CBU, there will be 18pc tax if not exceeding $500 price. If the mobile phone exceeds $500, the rate of 25pc tax will be imposed. In case of registered person supplying any kind of gypsum, there will be 80pc of sales tax applicable. Persons supplying any kind of waste of paper and paper board, any kind of plastic waste, crush stone and silica, there will be 80pc of sales tax applicable to all of them.