ArtsAutosBooksBusinessEducationEntertainmentFamilyFashionFoodGamesGenderHealthHolidaysHomeHubPagesPersonal FinancePetsPoliticsReligionSportsTechnologyTravel

What is extra tax and what is the procedure for collection of extra tax and what is the status of extra tax?

Updated on March 8, 2010

1)         What is Extra Tax?

            A tax in addition to standard rate of 16% which is charged by the Federal   Government is called extra tax.

2)         Who may charge Extra Tax?

            The Federal Government is authorized to impose extra amount of tax.

3)         On what person extra amount of tax is levied?

            Extra amount of tax is levied on such goods or on such persons as prescribed by the          FBR.

4)         Rate of Extra Tax:

            It may be charged upto 16% of the value of good prescribed by the FBR.

5)         Mode, manner and time of extra tax collection:

            Extra tax is collected in the mode, manner and time prescribed by the FBR.

6)         Status of Extra Tax:

            Extra tax is not adjustable against input tax.

7)         Current rate of Extra Tax:

            Currently, the Federal Government has levied the extra tax @1% of the value of furnace       oil which is imported into Pakistan.

8)         Imposition of conditions & limitations:

            The Federal Government may impose certain conditions & limitations in     respect of extra tax collection.

Zero-Rating [4]

Zero rated supply [2(48)]

1)         Definition:

            Zero rated supply means a supply which is charged to tax at the rate of zero percent          (0%) u/s 4 of the sales tax Act1990.

2)         Zero-rated goods:

            Following goods are charged to tax @ zero percent.

i)          Goods exported, or the goods specified in the Fifth Schedule;

ii)          Goods specified in the Fifth Schedule

iii)         Supply of stores and provisions for consumption aboard a conveyance proceeding to a destination outside Pakistan; and

iv)         Such other goods as the Federal Government may specify.

3)         The goods which shall not be treated as zero rated supply:

i)          The Supply of goods which are exported but have been or intended to be re-imported in Pakistan; or

ii)          The supply of goods which have been entered for export u/s 131 of the Customs Act, 1969 but are not exported; or

iii)         The goods which have been exported to a country specified by the Federal Government.


    0 of 8192 characters used
    Post Comment

    No comments yet.


    This website uses cookies

    As a user in the EEA, your approval is needed on a few things. To provide a better website experience, uses cookies (and other similar technologies) and may collect, process, and share personal data. Please choose which areas of our service you consent to our doing so.

    For more information on managing or withdrawing consents and how we handle data, visit our Privacy Policy at:

    Show Details
    HubPages Device IDThis is used to identify particular browsers or devices when the access the service, and is used for security reasons.
    LoginThis is necessary to sign in to the HubPages Service.
    Google RecaptchaThis is used to prevent bots and spam. (Privacy Policy)
    AkismetThis is used to detect comment spam. (Privacy Policy)
    HubPages Google AnalyticsThis is used to provide data on traffic to our website, all personally identifyable data is anonymized. (Privacy Policy)
    HubPages Traffic PixelThis is used to collect data on traffic to articles and other pages on our site. Unless you are signed in to a HubPages account, all personally identifiable information is anonymized.
    Amazon Web ServicesThis is a cloud services platform that we used to host our service. (Privacy Policy)
    CloudflareThis is a cloud CDN service that we use to efficiently deliver files required for our service to operate such as javascript, cascading style sheets, images, and videos. (Privacy Policy)
    Google Hosted LibrariesJavascript software libraries such as jQuery are loaded at endpoints on the or domains, for performance and efficiency reasons. (Privacy Policy)
    Google Custom SearchThis is feature allows you to search the site. (Privacy Policy)
    Google MapsSome articles have Google Maps embedded in them. (Privacy Policy)
    Google ChartsThis is used to display charts and graphs on articles and the author center. (Privacy Policy)
    Google AdSense Host APIThis service allows you to sign up for or associate a Google AdSense account with HubPages, so that you can earn money from ads on your articles. No data is shared unless you engage with this feature. (Privacy Policy)
    Google YouTubeSome articles have YouTube videos embedded in them. (Privacy Policy)
    VimeoSome articles have Vimeo videos embedded in them. (Privacy Policy)
    PaypalThis is used for a registered author who enrolls in the HubPages Earnings program and requests to be paid via PayPal. No data is shared with Paypal unless you engage with this feature. (Privacy Policy)
    Facebook LoginYou can use this to streamline signing up for, or signing in to your Hubpages account. No data is shared with Facebook unless you engage with this feature. (Privacy Policy)
    MavenThis supports the Maven widget and search functionality. (Privacy Policy)
    Google AdSenseThis is an ad network. (Privacy Policy)
    Google DoubleClickGoogle provides ad serving technology and runs an ad network. (Privacy Policy)
    Index ExchangeThis is an ad network. (Privacy Policy)
    SovrnThis is an ad network. (Privacy Policy)
    Facebook AdsThis is an ad network. (Privacy Policy)
    Amazon Unified Ad MarketplaceThis is an ad network. (Privacy Policy)
    AppNexusThis is an ad network. (Privacy Policy)
    OpenxThis is an ad network. (Privacy Policy)
    Rubicon ProjectThis is an ad network. (Privacy Policy)
    TripleLiftThis is an ad network. (Privacy Policy)
    Say MediaWe partner with Say Media to deliver ad campaigns on our sites. (Privacy Policy)
    Remarketing PixelsWe may use remarketing pixels from advertising networks such as Google AdWords, Bing Ads, and Facebook in order to advertise the HubPages Service to people that have visited our sites.
    Conversion Tracking PixelsWe may use conversion tracking pixels from advertising networks such as Google AdWords, Bing Ads, and Facebook in order to identify when an advertisement has successfully resulted in the desired action, such as signing up for the HubPages Service or publishing an article on the HubPages Service.
    Author Google AnalyticsThis is used to provide traffic data and reports to the authors of articles on the HubPages Service. (Privacy Policy)
    ComscoreComScore is a media measurement and analytics company providing marketing data and analytics to enterprises, media and advertising agencies, and publishers. Non-consent will result in ComScore only processing obfuscated personal data. (Privacy Policy)
    Amazon Tracking PixelSome articles display amazon products as part of the Amazon Affiliate program, this pixel provides traffic statistics for those products (Privacy Policy)