Pakistani tractor manufacturers can now claim a subsidy adjustment on sales tax
: The federal board of revenue (FBR) has allowed manufactures tractors from September 28 / 2020 To June 2021
Indus connection the FBR has issued 10 sal Tak special producer II II of adjustment of subsidy against sale tax on locally manufacture tractors rules 2020 has on Monday
The subsidy granted shall be allowed to tu adjusted by the manufacturer of the Tractors nampally M/S millat tractors limited Dalhousie tractors limited and Orion tractors Private limited specified manufactures the rules revaaled that the ministry of national food security and research shell operation the the amount of subsidy Amongst dissatisfied manufactures so that the same does not be excited the limit of rs 1.5 billion
A tractor subsidy cell shall be established by the IR operation wing of Federal board of revenue for processing subsidy adjustment claims the specified manufactures shell cell the the subsidized tractors only the farmers and grow our after obtaining a violet pavkov land holding such as agriculture pass book and copy of the record of rights of agricultural land duly verified from provisional land revenue authorities and shall not charge and collect the applicable amount of sale tax from such buyers
The specified manufacturers of tractor shall submit date of supplies in the annexure c of the monthly return of the sale tax and Federal excise by the fight day of the month following the end of the tax period
The specified manufacture sell sell the the the subsidies tractors only to the manufacture and Grover after obtaining a valid proof of land holding such as agriculturepass book and copy of the record of rights of agriculture land duly verify from provisional land revenue authorities and shall not charge and collect the applicable amount of sale tax from such buyer
The full value of the tractors applicable amount of the sale tax and amount of the subsidy shall be mounted on the sale tax advice as specified under section 23 of the sale act issued bye the specified manufactures
The whole value of the Tractors applicabl amount of the sale tax and amount of sale tax act issued by the specified manufacture FB R added
The ministry of national food security and research after expiration ask the adjustment clamshell forward its report to the tractors subsidy cell of FBR within 7 working day of submention of the part one of the the annexure a by the specified manufactures mounting the amount of subsidy to which search manufactures are intended for the provide
میں امید کرتا ہوں کہ آپ کو آج کا آرٹیکل پسند آیا ہو گا میں ہر روز اپنی اس ویب سائٹ پر پر ایگری کلچر کے حوالے سے نیوز اور آرٹیکل ٹائپ کرتا رہتا ہوں تو آپ سب سے گزارش ہے ہے کہ آپ لوگ میری اس ویب سائٹ کو روزانہ دیکھتے رہا کریں اس ویب سائٹ سے آپ کو کو ایگریکلچر کے حوالے سے اچھی معلومات ملتی رہے گی مزید اچھی ویڈیو دیکھنے کے لیے ہمارے یوٹیوب چینل زوار ٹریکٹر کو بھی سبسکرائب کر لیں بہت شکریہ
