| Islamabad: The Federal Board of Revenue (FBR) has issued a list of luxury items finalised for the imposition of a 25% sales tax, the news sources reported on February 21.
Read: FBR ready to impose new taxes to bridge shortfall
The FBR has increased the sales tax on a variety of luxury and non-essential imports, and it is anticipated that this measure will bring in PKR 15 billion in the fiscal year (FY) 2022–2023. A list of the items is provided below:
Household goods: home appliances, crockery, chandeliers/lighting, doors/window frames, furniture, heaters/blowers, kitchenware, luxury leather apparel, luxury mattresses, sleeping bags, salon items (hairdryers), tissue papers, and bathroom ware/toiletries.
Read: IMF asks Pakistan to subsidise low earners, tax high earners
Personal items: automobiles(CBU), weapons/ammunition, cosmetics, pet food, shoes, headphones/loudspeakers, sunglasses, shaving goods, and musical instruments.
Food and beverages: confectionery, jams and jelly, fish and frozen fish, sauces, ketchup, fruits, dry fruits, preserved fruits, cornflakes, frozen meat, juices, aerated water, ice cream, and chocolates. |
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