The FBR has again amended Sales Tax Registration Rules, 2006 with reference to ‘place of registration’. After these amendments, the registration will be granted as under:- a) In case of listed or unlisted public limited company, the place where the registered office is located; b) In case of other companies,- (i) If the company…
Federal Board of Revenue vide its letter C. No. 3(9)ST-L&P/2010/151448 dated 11.11.2013 has extended date of payment of duty and tax and filing of Federal Excise Duty and Sales Tax for the tax period October-2013 till 20.11.2013
By virtue of amendments in sections 116(2) and 116(4) in the Finance Act, 2013, every individual filing income tax return or statement under final tax regime was required to furnish wealth statement and wealth reconciliation statement. This amendment was effective from the tax year 2013. Certain amendments have now been made in the said law…
“FBR has made certain amendments in the procedure for maintenance of Active Taxpayers List vide STGO 46 of 2013 dated 13.11.2013. 1- Now name of a taxpayer will be removed from the list in case of non filing by the end of calender month following the end of calender month of due date of special…
Punjab Revenue Authority vide its Notification No. PRA/Caterers.21/2012 dated 25.11.2013 has partially exempted services of standalone caterers, now these services will be chargeable to sales tax @ 5% w.e.f. July-2012 subject to the condition that arears shall be paid within one month of this notification. This notification however, will not be applicable on such supplies…
As per Circular No. 13 of 2013, dated 27th November, 2013 it has been clarified that Income Support Levy shall not be payable on entire business assets, it is payable on capital which is the difference between business assets and business liabilities
