To file a Sales Tax Return, you must register with the Federal Board of Revenue (FBR). Upon registration, you receive a Sales Tax Registration Number (STRN) and a User ID and Password. These credentials provide access to the e-file portal for submitting the Sales Tax Return.

Online Sales Tax Return can only be filed via e-file portal of FBR.

Mandatory Documents for Sales Tax Registration in Taxila;

1. Bank Account Maintenance Certificate mentioning IBAN Number 
2. Photo of Business Premises
3. Electricity Bill of Business Premises

The procedure of Sales Tax Registration in Taxila

Using IRIS Portal select Form 14(1), when you will select this Form system will ask you about the following information;

1. Tax Period
2. Individual Type either Manufacturer or Non Manufacturer
3. For AOP and Company, provide details of the Principal Officer/Authorized Representative.
4. Bank Account Maintenance Certificate with IBAN Number 
5. Details about the business, such as its name, activities, and address.
6. GPS-tagged Photographs of Business Premises
7. Gas and electricity bill supplier with consumer number and utility bill image.
8. Submission of Application Form 14(1)
9. Issuance of Sales Tax Registration Number

Bio Metric Verification

After obtaining the registration number, the applicant must visit the NADRA E-Sahulat Centre within 30 days for biometric verification. If verification fails, the person's name is removed from the Active Taxpayer list for Sales Tax.

Post Verification – Manufacturer

After obtaining the registration number, the applicant must visit the NADRA E-Sahulat Centre within 30 days for biometric verification. If verification fails, the person's name is removed from the Active Taxpayer list for Sales Tax.

Sales Tax Registration via Iris Mobile Application

You can also apply for Sales Tax Registration using the Iris Mobile Application or the Tax ASAAN Mobile Application.

Guidelines for Sales Tax Registration via the Iris Mobile Application are available on  Tax Asaan Mobile Application. 

Change in particulars of Registration

If there's a change in the FBR Profile or registration details, the registered person must notify the RTO using the prescribed form within fourteen days.

Transfer of Registration 

If a registered person shifts business activities to another jurisdiction, they must provide a valid reason through a written application to the Commissioner of Inland Revenue at the RTO handling their case.

Benefits of Sales Tax Registration in Taxila

De Registration of Sales Tax

For deregistration, an application will be submitted to the Commissioner of Inland Revenue with jurisdiction. 

De-registration can make of the following Persons

1. Who ceases to carry on the business, or
2. If a registered person's supplies become exempt from sales tax or turnover falls below the minimum threshold.

Filing Sales Tax Return in Taxila

Every person registered under the Sales Tax Act, 1990, or the Federal Excise Act, 2005, has to file a Sales Tax Return monthly.

A Sales Tax return is a declaration where the taxpayer provides transaction details for a tax period and pays the Sales Tax liability.

When preparing the return form, the taxpayer declared input and output tax based on the transaction's sales tax rate. If input tax exceeds output tax, the system shows a refund claim. If output tax exceeds input tax, the taxpayer must deposit the sales tax with the return.

If the Sales Tax Return is not filed within six months, special approval from the commissioner of Inland Revenue is required to submit it on valid grounds. 

Electronic Filing of Sales Tax Return

All Registered Persons can make through the Electronic filing portal of the Federal Board of Revenue. 

Revised Sales Tax Return

A registered person can file an amended Sales Tax Return within 120 days of the original filing to correct mistakes, with the Commissioner's approval.

Active Taxpayer List (ST)

The Active Taxpayer List (ST) is a central record where we can check out the status of Active Taxpayer filers of Sales Tax. 

Sales Tax Refund

If input tax on taxable purchases exceeds output tax on exports or zero-rated supplies, the excess input tax will be refunded to the registered person. The refund period is within forty-five days of the claim filing, subject to board conditions.

Sales Tax Refund Processing through the FASTER System

To claim a Sales Tax Refund through the FASTER System, follow the guidelines for filing Annex H.

Sales Tax Refund processing through the FASTER System

Sales Tax due dates 

Registered individuals must file their sales tax returns based on their principal activity or category either monthly, quarterly, or annually. Typically, a registered person files a monthly return as Annex-C by the 10th, makes payment by the 15th, and e-files the return by the 18th of the month. 

Sales Tax Records

Every registered person must maintain a sales tax record at their business premises.

Record of Sales

The Sales Record should specify the following details of goods supplied or services rendered: 

1. Description,
2. Quantity, 
3. Value, 
4. Name and address of the customer

5. and the amount of tax charged.

Record of Purchases and Imports

Registered persons must maintain all purchase and import files, indicating the following details:

• Description;
• Quantity;
• Value;
• Name, Business address and Sales Tax registration number of the supplier,

• Amount of tax paid on purchases.

Record of Payments Receipts

All payment receipts for sales tax on purchases or supplies over Rs. 50,000 (excluding utility bills) must be made through banking instruments specifying the bank accounts of both sellers and purchasers. 

Keep photocopies of all cheques and pay orders for Sales Tax payments and receipts secure. Additionally, maintain bank statements for compliance with section 73 of the Sales Tax Act 1990 to prevent audit issues and notices.

Other Records

1. A registered person should keep a record of:
2. Zero-rated and exempt supplies during the period.
3. invoices, debit and credit notes, bank documents, stock inventory
4. Salary and labor costs, utility fees, rental agreements, sales and purchase contracts, etc. 

Retention of records and documents

A registered person must keep all business records and documents for six years after the tax period ends. 

POS Retailers – Procedure for FBR Integration

Below is the detailed procedure for Registered Persons integrating Tier 1 Retail POS with FBR:

• The Sales Tax Rules, 2006 – Chapter XIV-AA Online Integration of Tier-1 Retailers 
• Technical Documentation 
• Fiscalization Solution for Retailers
• Extension in date of Online Integration of Tier-1 Retailers
• List of focal persons assisting in POS integration

For Sales Tax Registration and Sales Tax Return Filing in Taxila

Just Dial +923135626627

Contact Us