A sales tax exemption on the importation of fresh fruits from Afghanistan has been removed by the Federal Board of Revenue (FBR).
According to the Federal Bureau of Revenue (FBR), the country’s top tax collection authority, the import of apples from Afghanistan is not exempt from sales tax, however, the import of grapes, pomegranates, and watermelons from Afghanistan are exempt from sales taxes.
In this regard, the Federal Board of Revenue (FBR) has given instructions to the customs collectors in Peshawar and Quetta. It should be recalled that the Federal Bureau of Revenue formerly levied a 20 percent sales tax on the importation of fresh fruits from Afghanistan.
Following reports of money smuggling, the Federal Board of Revenue (FBR) issued a statement on Friday stating that trade between Pakistan and Afghanistan is conducted in rupees rather than the US dollar.
Read Also: Pakistan will become an International Transport Hub: Tarin
According to a handout published by the tax-collecting agency, the Federal Bureau of Revenue (FBR) has debunked rumors about the smuggling of dollars from Pakistan to Afghanistan and has stated that certain individuals are deliberately spreading false information about the matter.
It had previously stated that trade between Pakistan and Afghanistan was conducted in dollars, but that the Pakistani rupee was now being utilized for the exchange of goods between the two countries.