Pakistan: Recent guidance on income tax, sales tax, and customs duties
Including extension of concessionary customs rates to 59 additional HS codes
The Federal Board of Revenue (FBR) in August 2026 issued income tax, sales tax, and customs guidance relating to:
- Immovable property valuation for income tax purposes
- Extension of steel sales tax exemption to September 30, 2026
- Sales tax rate on planning and engineering consultancy services
- Extension for e-filing of Sindh sales tax return by life insurance companies
- Concessionary customs duty rates extended to 59 additional HS codes
Read an August 2026 report prepared by the KPMG member firm in Pakistan