ISLAMABAD: The Federal Board of Revenue (FBR) has issued latest rates of withholding income tax on import of goods for tax year 2022-2023.
The FBR issued the updated withholding tax rates up to June 30, 2022 after making amendments to Income Tax Ordinance, 2001, which were introduced through Finance Act, 2022. Cas 1309-42-8
Following are the rates of withholding tax rates to be applicable on import of goods under Section 148 of the Income Tax Ordinance, 2001. The rates of withholding tax has been prescribed for both persons on Active Taxpayers List (ATL) and not on the ATL.
[Please see the Part I, Part II and Part III of the 12th Schedule of the Income Tax Ordinance, 2001 after the rates table.
Part I of 12th Schedule of Income Tax Ordinance, 2001
Part II of 12th Schedule of Income Tax Ordinance, 2001.
Part III of 12th Schedule of Income Tax Ordinance, 2001
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