SRO 136(I)/2015 issued increasing withholding tax rates for Non- Filers in respect of imports and services under sections 148 and 153 (1)(b) respectively
SRO 136(I)/2015 is an Income Tax SRO dated 13 February 2015, listed by FBR as "SRO 136(I)/2015 issued increasing withholding tax rates for Non- Filers in respect of imports and services under sections 148 and 153 (1)(b) respectively".
FBR publishes this SRO as scanned images, so the text below was transcribed by Qanoon Digest from the page images, with tables set out as tables. Check the official PDF before relying on any wording or figure.
Page 1
GOVERNMENT OF PAKISTAN
REVENUE DIVISION
FEDERAL BOARD OF REVENUE
Islamabad, the 13th February, 2015
NOTIFICATION
S.R.O. 136 (I)/2015.- In exercise of the powers conferred by sub-section (3) of section 159 of the Income Tax Ordinance, 2001 (XLIX of 2001), the Federal Board of Revenue is pleased to direct that the following amendments shall be made in the First Schedule to the said Ordinance, namely:-
In First Schedule,
(I) in Part II, for the Table, the following new table shall be substituted, namely:-
| S.No | Persons | Rate (3): Filer | Rate (3): Non-Filer |
|---|---|---|---|
| (1) | (2) | Filer | Non-Filer |
| 1. | (i) Industrial undertaking importing remeltable steel (PCT Heading 72.04) and directly reduced iron for its own use; (ii) Persons importing potassic fertilizers in pursuance of Economic Coordination Committee of the cabinet's decision No.ECC-155/12/2004 dated the 9th December, 2004; (iii) Persons importing urea; and (iv) Manufacturers covered under Notification No. S.R.O. 1125(I)/2011 dated the 31st December, 2011 | 1% of the import value as increased by customs-duty, sales tax and federal excise duty | 1.5% of the import value as increased by customs-duty, sales tax and federal excise duty |
| 2. | Persons importing pulses | 2% of the import value as increased by customs-duty, sales tax and federal excise duty | 3% of the import value as increased by customs-duty, sales tax and federal excise duty |
| 3. | Commercial importers covered | 3% of the import | 4.5% of the import |
Page 2
| S.No | Persons | Filer | Non-Filer |
|---|---|---|---|
| under Notification No. S.R.O. 1125(I)/2011 dated the 31st December, 2011. | value as increased by customs-duty, sales tax and federal excise duty | value as increased by customs-duty, sales tax and federal excise duty | |
| 4. | Ship breakers on import of ships | 4.5% | 6.5% |
| 5. | Industrial undertakings not covered under S. Nos. 1 to 4 | 5.5% | 8% |
| 6. | Companies not covered under S. Nos. 1 to 5 | 5.5% | 8% |
| 7. | Persons not covered under S. Nos. 1 to 6 | 6% | 9% |
(II) in Part III, in Division III, in paragraph (2), in sub-paragraph (ii), for clauses (a) and (b), the following table shall be substituted, namely:-
| " | Filer | Non-Filer |
|---|---|---|
| (a) Company | 8% of the gross amount payable | 12% of the gross amount payable |
| (b) Others | 10% of the gross amount payable | 15% of the gross amount payable |
"
[F.No. 2(1)Chief (ITP)/2015]
(Khalid Jamil)
Secretary (IR- Policy Wing)
Related Income Tax SROs on withholding and collection
- SRO 494(I)/201630 June 2016The rate of tax withholding u/s 236p of the Income Tax Ordinance 2001 has been reduced to 0.4 % from 0.6 % on bank transactions for one month upto 31-07-2016
- SRO 216(I)/201615 March 2016The rate of withholding tax under section 236P has been reduced to 0.4% from 0.6% upto 31st March, 2016
- SRO 169(I)/201629 February 2016The rate of withholding tax u/s 236p has been reduced to 0.4% from 0.6% up to 15th March 2016
- SRO 964(I)/201530 September 2015Extension in the applicability rate of withholding tax under section 236P of the Income Tax Ordinance, 2001
- SRO 817(I)/201415 September 2014Advance Tax on Air Tickets
- SRO 341(I)/20142 May 2014Imposition of Regulatory Duty @ 25% on the export of Potatoes and Withdrawal of Customs Duty, Sales Tax and Withholding Taxes on import of potatoes for the period 5th May, 2014 to 31st July, 2014