The provincial government has also imposed sales tax on car tracking and alarm services, according to the Sindh Finance Act 2019 presented on Friday. It imposed 13% sales tax on warehouses or depots for storage or cold storage, 13% sales tax on coaching and training services, except for educational coaching centres. Other services, which attracted 13% sales tax, include actuarial services; services of mining of mineral and allied and ancillary services in relation to; construction site preparation and clearance, excavation and earth moving and demolition services; waste collection transportation, processing and management services; vehicles parking and valet services, electric power transmission services and insurance agents, the finance act said. The government would charge 19% sales tax on vehicle tracking and other tracking services, tracing and alarm services, telecommunication services not elsewhere specified, audio text services, tele-text services, trunk radio services, paging services, including voice paging services and radio paging services. The government has set the tax collection target at Rs288.70 billion from different heads including provincial tax receipts (excluding GST on services), provincial sales tax on services and provincial non-tax receipts.

Source: The Express Tribune June 15, 2019 04:18 UTC