AGL 40.05 Decreased By ▼ -0.11 (-0.27%)
AIRLINK 129.74 Decreased By ▼ -1.99 (-1.51%)
BOP 6.68 Decreased By ▼ -0.01 (-0.15%)
CNERGY 4.62 Increased By ▲ 0.15 (3.36%)
DCL 8.85 Increased By ▲ 0.03 (0.34%)
DFML 41.91 Increased By ▲ 1.30 (3.2%)
DGKC 83.97 Decreased By ▼ -0.11 (-0.13%)
FCCL 32.70 Increased By ▲ 0.36 (1.11%)
FFBL 75.47 Increased By ▲ 6.86 (10%)
FFL 11.50 Increased By ▲ 0.15 (1.32%)
HUBC 110.50 Decreased By ▼ -1.26 (-1.13%)
HUMNL 14.65 Increased By ▲ 0.34 (2.38%)
KEL 5.40 Increased By ▲ 0.18 (3.45%)
KOSM 8.41 Decreased By ▼ -0.57 (-6.35%)
MLCF 39.89 Increased By ▲ 0.46 (1.17%)
NBP 60.45 Increased By ▲ 0.16 (0.27%)
OGDC 198.45 Increased By ▲ 3.51 (1.8%)
PAEL 26.63 Decreased By ▼ -0.06 (-0.22%)
PIBTL 7.71 Increased By ▲ 0.23 (3.07%)
PPL 158.00 Increased By ▲ 2.23 (1.43%)
PRL 26.69 Increased By ▲ 0.01 (0.04%)
PTC 18.40 Increased By ▲ 0.10 (0.55%)
SEARL 82.19 Decreased By ▼ -0.83 (-1%)
TELE 8.34 Increased By ▲ 0.11 (1.34%)
TOMCL 34.45 Decreased By ▼ -0.10 (-0.29%)
TPLP 9.14 Increased By ▲ 0.33 (3.75%)
TREET 17.32 Increased By ▲ 0.62 (3.71%)
TRG 61.30 Decreased By ▼ -1.15 (-1.84%)
UNITY 27.35 Decreased By ▼ -0.09 (-0.33%)
WTL 1.37 Increased By ▲ 0.09 (7.03%)
BR100 10,400 Increased By 213 (2.09%)
BR30 31,653 Increased By 316.8 (1.01%)
KSE100 97,328 Increased By 1781.9 (1.86%)
KSE30 30,192 Increased By 614.4 (2.08%)
Print Print 2020-04-19

GST, FED returns: FBR extends deadline

The Federal Board of Revenue (FBR) Saturday night extended the date for payment and filing of sales tax and federal excise returns for tax period of March 2020. According to the FBR instructions issued to the field formations, the payment date been extend
Published 19 Apr, 2020 12:00am

The Federal Board of Revenue (FBR) Saturday night extended the date for payment and filing of sales tax and federal excise returns for tax period of March 2020. According to the FBR instructions issued to the field formations, the payment date been extended from April 15, 2020 to April 27, 2020.

The submission date of sales tax return has been extended from April 18, 2020 to April 30, 2020.

Meanwhile, the government has decided to constitute special courts for speedy trial of smugglers under the draft Prevention of Smuggling Ordinance 2020. The punishments have been considerably enhanced against smugglers under the Prevention of Smuggling Ordinance 2020.

The smugglers can be arrested by the designated customs officials and intelligence and security agencies without warrant under the Prevention of Smuggling Ordinance 2020. According to a tweet of the Ministry of Law and Justice Saturday, "At the Ministry of Law and Justice, we are working our way through emergency laws to provide a legal framework for COVID-19. Prepared draft of Covid-19 Prevention of Hoarding Ordinance 2020 & finalising Covid-19 Prevention of Smuggling Ordinance 2020," the Law Ministry tweet added.

Copyright Business Recorder, 2020

Comments

Comments are closed.