How to Claim Input Tax in a Goods and Services Contract in Pakistan
If you are a Pakistani business owner or taxpayer, you may have faced the challenge of claiming input tax in a goods and services contract. In Pakistan, goods are taxed […]
Sales Tax Deregistration in Pakistan: New Rules Provide Relief for Taxpayers
The Sales Tax system in Pakistan can be complex and cumbersome, especially for small business owners. However, the recent amendment to the Sales Tax Rules 2006, via S.R.O numbered 51(I)/2022, […]
How to Avoid Suspension of Your Sales Tax Account in Pakistan
As a registered taxpayer in Pakistan, it is crucial to maintain compliance with the taxation laws to avoid any legal repercussions. One of the major obligations of a registered person […]
How to Check Active Taxpayer List for Sales Tax in Pakistan
As a resident of Pakistan, it is essential to understand the Active Sales Taxpayer List, which is a central record of online tax returns filed for the previous tax year. […]
Understanding Sales Tax in Pakistan
Sales tax is a form of indirect tax that is levied on the sale of goods and services at each stage of the supply chain. It is one of the […]
Understanding Third Schedule Goods in Pakistan
When it comes to taxation in Pakistan, it is important to understand the concept of third schedule goods. These are also known as Maximum Retail Price (MRP) goods and include […]
Retailers who doesn’t Need to Register for Sales Tax
As a Pakistani retailer, it is important to understand the distinction between Tier I and Tier II retailers when it comes to sales tax. Tier I retailers are bound to […]
Complexities of Input Tax Credits in Pakistan
Claiming input tax credits (ITC) is crucial for businesses in Pakistan to manage their tax liabilities effectively. However, understanding the limitations and regulations surrounding ITC eligibility can be challenging. This […]
Understanding Input Tax Refunds for Sales Tax
As a registered person under the Sales Tax Act, 1990, you might be eligible for a refund of excess input tax paid. This article provides a clear understanding of the […]
10 Things You Need to Know About Sales Tax in Pakistan
Sales tax is a type of indirect tax that is levied on the sale of goods and services. The sales tax rates in Pakistan are relatively complex, and they vary […]