08202017Headline:

FBR issues list of items exempt from GST

Central board of Revenue (CBR) of Pakistan has issued a list of items that are exempt from payment of GST. These items mostly include basic food staples like milk, bread, sugar and cooking oil. FBR also issued items on which the GST will not be increased these include poultry feed as well.

In the budget government has propose to increase the GST from 16% to 17%. Opposition leaders have objected this increase as an indirect tax on poor. Opposition has asked for a direct tax on 36000 rich people that do not pay any taxes based on NADRA profiling.

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