The Federal Board of Revenue (FBR) has exempted withholding tax on the import of the medicines and eye drops from France required for the personal therapeutic use of immediate family members of the importer.

In this regard, the FBR has issued an S.R.O.1320(I)2024 here on Thursday.

According to the notification, the no objection certificate has been issued by the Ministry of National Health Services, Regulations and Coordination.

The exempted medicines included CYSTAGON 50 mg  (960 Capsules) and Cystadrops Eye Drops (16 bottles) for four months.

Under S.R.O.1320(I)2024, in the exercise of the powers conferred by sub-clause (i) of clause (12E) of Part IV of the Second Schedule to the Income Tax Ordinance,2001, the

FBR has exempted withholding tax under section 148 of the said Ordinance, on import of the medicines not exceeding the quantity mentioned thereof required for the personal therapeutic use of immediate family members of the persons mentioned based on a no objection certificate issued by the Ministry of National Health Services.