Category: Exemptions

How can I file Application for reduced rate of withholding tax on Import of raw material?

You can file Application for reduced rate of withholding tax on Import of raw material on Iris, as under: The taxpayer will e-file a single “(Application u/s 159(1) / 148 for reduced rate of withholding tax on Import) (FOR QUOTA ALLOCATION)” for the whole year. The taxpayer will indicate his overall annual requirement of raw material, including HS Code(s), quantity of raw material consumed during previous year and quantity of raw material required during current […]

Online Exemption Certificate Verification

PROCESS A taxpayer can verify exemption certificate details with FBR by visiting  Online Exemption Verification Service and following these steps: Click ‘Exemption Certificate’ menu option from the left sidebar. Find the Bar code reference number on the exemption certificate you have received. Provide the Bar Code Reference No. in ‘Bar Code Reference’ field. Provide captcha against ‘Captcha’ field. After providing information, Click ‘Verify’ button. On successful verification of provided credentials, system will display the results. In case  provided information […]