TAXPAYER REGISTRATION BASICS
Tax on services is considered as value added tax internationally whereas, it is called “General Sales Tax (GST) in Pakistan. … Punjab Revenue Authority (PRA) is the department of government of Punjab to deal with Sales Tax on Services in Punjab.
PNTN is a number allocated by the government of Punjab to a person/AOP /company, involved in providing taxable service listed in the second schedule of the Punjab Sales Tax Act, 2012 from his office or place of business in Punjab in the course of economic activity.
Standard rate of sales tax is 16% of the value of a service or services. However, telecommunication services are liable to sales tax 19.5%.
| 5%, 13%, 15% 16%,and 19.5% | Services: banking; construction; shipping; telecoms (17%); advertising; specialist advice and consulting; outsourced businesses services; event organisation and related services; temp or contract employees; hotel and restaurants. |
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