Member Query Whats the criteria for claiming sales tax input on purchase of fixed assets? Is it claimable on proportionate basis? If yes, then for what period it can be carried forward? Whats the difference between filing sales tax return with FBR & SRB? If one inadvertently in mistake or error has shown an excess sales in return due to which excess output tax has been charged n paid but subdequently reversed that sales in books of accounts and not in return then is there any way by which return could be revised and input could be claimed or adjusted with that excess output tax? If yes, then within what time period?
Posted on: Tue, 06 Jan 2015 19:21:59 +0000
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