C.No.3(I)ST-L&P/2019(Pt), Islamabad, the 24th August, 2022

SROS: C.No.3(I)ST-L&P/2019(Pt), Islamabad, the 24th August, 2022 Abolition of Fixed Tax Scheme for Retailers & Others Through Tax Laws (Second Amendment! Ordinance, 2022 Government of Pakistan Revenue Division Federal Board of Revenue Inland Revenue Policy ***** C.No.3(1)ST-L P/2019(Pt) Islamabad, the 24th August, 2022 All Chief Commissioners Inland Revenue. Subject: Abolition of Fixed Tax Scheme for Retailers Others Through Tax Laws (Second Amendment! Ordinance, 2022 I am directed to refer to the subject and to say that the Tax Laws (Second Amendment) Ordinance, 2022 has been promulgated on 22.08.2022. 2. The fixed tax on retailers (other than Tier-1) that was imposed through Finance Act, 2022 under section 3(9) of Sales Tax Act, 1990 and Section 99A read with Section 235 of Income Tax Ordinance 2001 stands withdrawn with effect from 01.07.2022 and the previous regime (prevailing prior to Finance Act 2022) has been restored. 3. Resultantly, with effect from the 1st day of July 2022 sales tax is to be charged and collected from retailers (other than Tier-1) under section 3(9) of Sales…