Clarification issued by FBR regarding CNIC requirement for sale above Rs 50,000 | Introduced through Finance Act 2019 ||
– Ammendment has been made through the section 23 of the sales tax act 1990 and not in any other law,
– this provision is only applicable on those who are registered in sales tax,
– buyer does not need to be registered with sales tax,
– above condition of issuance of sales tax invoice will not apply on buyer having purchase below Rs 50,000 and purchase is own non business use by the end consumer.