Introduction
Sales Tax Registration
Sales Tax Registration Number is a number allocated by the government of Pakistan to a person/AOP /company, involved in any taxable activity, for charging sales tax on products. Sales tax is an indirect tax, so collected from end-users by the manufacturer or trader and deposited in the government treasury at the end of the month.
Without Sales tax registration, no businessman can import & export anything as well as will not be able to work with any well-reputed company or Government organization in Pakistan. Without Sales tax registration in Pakistan, you cannot participate in any tender process in Pakistan. You can also not get registration of various Government, Semi-Government and Multinational companies.
Eligibility
The following sectors are required to get registration for sales tax and charge sales tax on their supplies/ services:
Manufacturers
Importers
Exporters
Distributors, Wholesalers & Retailers.
Sales Tax is applicable on all locally produced and imported goods except computer software, poultry feeds, medicines, unprocessed agricultural products of Pakistan and other goods specified in Sixth Schedule to The Sales Tax Act, 1990.
CLIENTS
REPORTS
HOURS OF SUPPORT
PARTNERS
Documentation:
First of all, the required Documents for Sales Tax Registration are collected. Following is the list of documents:
Submission Of Documents
The Registration Form(s) along with all documents attached are submitted to the Central Registration Office, FBR, or Sales Tax Collect orates/ RTOs for the allotment of a Registration Number by the persons liable to be registered under the Sales Tax Act. The taxpayer is then issued a Certificate of Registration.
Presence Of Authorized Director Before Tax Officials
The director must present himself in front of the Registration Officer In-charge. Biometric verification of director is done and picture is also taken. As per law each registered person must file a return by the 15th of each month regarding the sales made in the last month.
All registered persons are required to file returns electronically and in such cases the payment is to be made by the 15th and return can be submitted on FBR’s e-portal by 18th.
To get complete guidance on Sales Tax Registration for your Company in any city of Pakistan book an appointment with our professionals today. We are professional in what we are delivering. You are warmly welcome to visit our place or contact us for any query.