No tax on factory to warehouse movements
ISLAMABAD: To curb harassment of taxpayers and streamline the movement of goods, the Federal Board of Revenue (FBR) has announced that transferring goods from a factory to a registered person’s own warehouse under the same Sales Tax Registration Number (STRN) would not be treated as a taxable supply. As a result, inter-premises movement of goods also does not require the issuance of a digital…
We haven't written up this one. Dawn has the full story — the link below goes straight to it.
