ISLAMABAD:
The federal government seems to be backtracking from its commitment that Finance Minister Ishaq Dar gave at the floor of the National Assembly for restoring zero rating facility on the raw material of stationery and dairy products.
On June 12, the Federal Board of Revenue (FBR) had taken away the zero-rating facility from the writing instruments manufacturing industry and dairy products while bringing these sectors to ‘exempted sectors’. The withdrawal of zero rating
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