Recently, the value-added tax (VAT) and supplementary duty (SD) have been increased on nearly one hundred products and services.

The NBR and FBCCI yesterday said they had set aside their differences and had agreed to move forward with the government’s plan to implement the new VAT law from July 1.

The NBR and the FBCCI are at loggerheads over the new VAT law, reminiscent of past pushbacks from the business community that have delayed its implementation by four years already.