ISLAMABAD: The federal government has increased the rate of sales tax on more than 350 items from 17 to 18 percent, and the rate of federal excise duty on cigarettes has more than doubled.
FBR has also started collection of enhanced GST and FED. Notifications have been issued by FBR to increase the rate of sales tax and increase the rate of federal excise duty.
After the notification issued, the sales tax on all canned goods has also been increased from 17 to 18 percent under which edible oil, biscuits, jam, jelly and noodles have all become more expensive while children’s toys, chocolates, coffees, women’s Sales tax on make-up products, shampoo, cream, lotion, soap and toothpaste has also been increased to 18%.
Similarly, sales tax on hair color, hair remover cream, hair gel, shaving foam, shaving gel, shaving cream and shaving blades has also been increased to 18 percent.
Apart from this, the sales tax on computers, laptops, gadgets, mobiles, smartphones and iPods has also been reduced to 18%, while hundreds of electronics products including TVs, LEDs, LCDs, juicers, blenders, shakers and other electronics Machinery was also made expensive.
