Related Keywords: beneficiary business closed down, certain textile sector units, expired or leased or shifted, failure in paying outstanding recoverable demand, Federal Board of Revenue, lease of the premises, not meeting criteria, sold out, supply of electricity and gas, withdrans sales tax zero-rating facility, zero-rated energy meters are installed
The sales tax zero-rating facility that was allowed to the registered manufacturers and exporters of five leading sectors including textile, leather, carpets, surgical and sports goods with a view to facilitate exports. The Federal Board of Revenue (FBR) has withdrawn it which was available to certain textile sector units on the supply of electricity and gas for not meeting the criteria.
