Non-filer gas stations to pay 6pc withholding tax


KARACHI: Federal Board of Revenue (FBR) has said that non-filer CNG stations to pay 6 percent withholding income tax while paying gas consumption bill.
According to Withholding Tax Card for Tax Year 2017/2018, the CNG stations being the non-filers of income tax return are required to pay 6 percent withholding tax under Section 234A of Income Tax Ordinance, 2001 to person preparing gas consumption bill at the time of realization of gas consumption on charges.
However, the withholding tax rate is four percent for filer of income tax returns.
The withholding tax is final tax liability.

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