On relaxing a harsh condition for sales tax registered persons, - TopicsExpress



          

On relaxing a harsh condition for sales tax registered persons, the Federal Board of Revenue has decided that only those taxpayers would be taken out of Active Taxpayer List (ATL), who will not be able to file two consecutive sales tax returns. In this regard, the FBR has issued a Sales Tax General Order 46 of 2013 here on Tuesday. An official said that the FBR has facilitated the sales tax registered persons through amendment to the procedure for maintenance/upgradation of Active Taxpayers List in the FBRs database. Now, only those taxpayers would be taken out of ATL who fails to file two consecutive sales tax returns. Initially, the condition was restricted to one return to ensure compliance. The non-filer of one sales tax return to be excluded from the ATL and now the condition has been relaxed for the business and trade. Following is the text of the STGO issued here on Tuesday: The Federal Board of Revenue is pleased to direct that in its Sales Tax General Order No 34/2010 dated 16.9.2010, the following further amendments shall be made, namely: In para 2, in clause (b), in sub-section (ii) and (v), after the words by the end of the calendar month in which the due date falls the words by the end of calendar month following the month in which the due date falls shall be substituted, the FBR added.
Posted on: Wed, 20 Nov 2013 05:08:27 +0000

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