Govt proposes to bring third-party sales through established online marketplaces

Govt proposes to bring third-party sales through established online marketplaces

ISLAMABAD, Jun 11 (APP): The government has proposed to bring third-party sales through established online marketplaces within the purview of sales tax.

In his budget speech, Federal Minister for Finance and Revenue Shaukat Tarin Friday said the basic objective was to bring e-commerce transaction under sales tax net.

“We have seen extraordinary sales through online marketplaces especially due to COVID-19 lockdown,” he said, adding that however, contribution made by these e-commerce digital platforms in national exchequer was negligible.

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