• search

Pakistan imposes 15 pc excise duty on vehicle tracking services

Written by: Staff

Islamabad, June 7 (UNI) Pakistan Central Board of Revenue (CBR) will charge 15 per cent federal excise duty from companies providing vehicle tracking services and burglar alarm services in 2006-07, media reports here said today.

These companies, which are rendering services to a large number of customers across the country, would have to collect 15 per cent excise duty from their customers on registration and per month charges, the Daily Times quoted a CBR official as saying.

With the imposition of 15 per cent federal excise duty on international air travel, the CBR will register all international airlines, including the Pakistan International Airlines, operating from Pakistan, it added.

The CBR has directed the collectors of sales tax and federal excise posted across the country to keep in touch with the telecommunications authority so that all companies providing such telecommunication services are registered with the sales tax department with effect from July 1, 2006.

The CBR had also directed the Large Taxpayer Unit (LTU) collector in Karachi to obtain a complete list of airlines providing international air travel services and monitor the progress of excise registration of all international airlines, the official added.

Vehicle tracking and burglar alarm services have been included in the scope of telecommunications services through amendments to the Federal Excise Act of 2005.

Meanwhile, the CBR has also withdrawn the sales tax exemption on computer hardware and parts with effect from June 6, 2006, will register computer manufacturers, wholesale dealers and retailers dealing in computer hardware in the sales tax net.


For Daily Alerts

For Breaking News from Oneindia
Get instant news updates throughout the day.

Notification Settings X
Time Settings
Clear Notification X
Do you want to clear all the notifications from your inbox?
Settings X
We use cookies to ensure that we give you the best experience on our website. This includes cookies from third party social media websites and ad networks. Such third party cookies may track your use on Oneindia sites for better rendering. Our partners use cookies to ensure we show you advertising that is relevant to you. If you continue without changing your settings, we'll assume that you are happy to receive all cookies on Oneindia website. However, you can change your cookie settings at any time. Learn more