VAT Act 2012 English Section 2

VAT & SD Act 2012

Section 2 - Definitions

(as updated till Finance Ordinance 2025)

In this Act, unless there is anything repugnant in the subject or context,-

Section	Clause	Title of the Clause
2	1	Non-Resident
2	2	Offence
2	3	Exempted Supply
2	4	Exempted Import
2	5	Money
2	6	Economic Activity
2	7	Partnership
2	8	Advance Tax
2	9	Order
2	10	Progressive or Periodic Supply
2	11	Ancillary Transportation Services
2	12	International Transport
2	13	International Assistance and Loan Agreement
2	14	Appellate Tribunal
2	15	Resident
2	16	Import
2	17	Imported Service
2	18	Electronic Service
2	18A	Inputs
2	19	Input Tax
2	20	Output Tax
2	21	Withholding Entity
2	22	Withholding Certificate
2	23	Commissioner
2	24	Tax
2	25	Tax Invoice
2	26	Taxpayer
2	27	Tax Assessment
2	28	Tax Determination
2	29	Tax Fraction
2	30	Tax Period
2	31	Taxable Import
2	32	Taxable Supply
2	33	Tax Rate
2	34	Tax Benefit
2	35	Proceeding
2	36	Lay-by Agreement
2	37	Centrally Registered Institution
2	38	Company
2	39	Credit Note
2	40	Invoice
2	41	Penalty
2	42	Turnover
2	43	Turnover Tax
2	44	Debit Note
2	45	Schedule
2	46	Enlisted
2	47	Person Eligible to be Enlisted
2	48	Enlistment Threshold
2	49	Document
2	50	Return
2	51	Code of Civil Procedure
2	52	Specified Place
2	53	Prescribed
2	54	Registration
2	55	Person Eligible to be Registered
2	56	Registered Person
2	57	Registration Threshold
2	58	Fair Market Price
2	59	Consideration
2	60	Goods
2	60A	Declaration of Goods
2	61	Supply of Goods
2	62	Deemed Export
2	63	Representative
2	64	Net Tax Payable
2	65	Manufacturing
2	66	Finance Lease
2	67	Code of Criminal Procedure
2	68	Arrear Tax
2	69	Rule
2	70	Bill of Entry
2	71	Increasing Adjustment
2	72	Large Taxpayers’ Unit
2	73	Board
2	74	Person
2	75	Association Of Persons
2	76	Business Identification Number
2	77	Services Directly related to Land
2	78	Value
2	79	Value Added Tax or VAT
2	80	Value Added Tax Authority
2	81	Value Added Tax Officer
2	82	Export
2	83	Branch Unit
2	84	Customs Act
2	85	Commissioner of Customs or Customs Officer
2	86	Zero-Rated Supply
2	87	Adjustment Event
2	88	Joint Venture for Property Development
2	89	Supplementary Duty
2	90	Goods Subject to Supplementary Duty
2	91	Services Subject to Supplementary Duty
2	92	Withholding Certificate
2	93	Government Entity
2	94	Supply
2	95	Certificate
2	96	Time of Supply
2	97	Associate
2	97A	Concerned Officer
2	98	Second-Hand Goods
2	99	Service
2	100	Supply of Service
2	101	Immovable Property
2	102	Supply of Immovable Property
2	103	Decreasing Adjustment

Disclaimer: This is the authentic English text of The Value Added Tax and Supplementary Duty Act 2012, as published under SRO No. 440-Law/2025/326-Mushak dated 05 November 2025. In the event of any inconsistency or conflict between the content on this website and the official Government publications or gazette notifications relating to laws, rules, regulations or SROs, the official Government publications and notifications shall prevail.

VAT & SD Act 2012

Section 2 - Definitions

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