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VAT imposes on foreign TV channels, Facebook, YouTube July 1

VAT imposes on foreign TV channels, Facebook, YouTube July 1

The instruction has been issued by National Board of Revenue (NBR) on Wednesday.

It is said in the instruction letter signed by NBR’s first secretary (Musk Policy) Hasan Muhammad Tarek Rikabdar, 15 percent VAT will be paid for advertisements on Facebook, YouTube and broadcasting foreign television channels from July 1.

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