8th September 2020: Government of Sindh Board of Revenue Circular

Government of Sindh has revoked Registration Fee on the transfer of immovable properties with effect from 07.08.2020 by amending Registration Fee table vide Notification No.GR/BOR/HYD/2020-973 dated 7^th August, 2020.

Similarly, Capital Value Tax (CVT) has been annulled with effect from 05.09.2020 as a consequence of Sind Finance (Amendment) Act 2020 notified on 5^th September, 2020 in order to encourage the construction sector and uplift the allied industry.

Beside the FBR taxes, the following Local and Provincial Taxes shall be charged on the transfer of immovable properties with effect from the dates of respective notifications as mentioned above;

1. Stamp Duty: 1% of value in the valuation table or at a floating rate charged on the actual value
2. Municipal Tax: 1% of the valuation table
3. Digital Scanning Fee: 1000 per document