Taxes

How to Restoration of Active Taxpayer in FBR or Iris

How to Restoration of Active Taxpayer

Restoration of Active Taxpayer (ST) in FBR or Iris, Sales Tax General Order No. 34/2010 dated 16-9-2010 may be followed. A non-active taxpayer may be restored to active taxpayer status: If the respective RTO/LTU recommends the same to FBR after conducting audit or other investigation; Compotent Authority, Appellate Authority, Court or FTO orders for the …

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Suspension of Registration of Sales Tax in FBR or Iris

Suspension of Registration of Sales Tax in FBR or Iris

Suspension of Registration of Sales Tax in FBR or Iris, the Commissioner may suspend registration of a Taxpayer, if the person is found to have issued fake invoices, evaded tax or committed tax fraud without prior notice, pending further inquiry. Suspension of Registration Can Occur due to the Following Possibilities: 1. Non-availability of the Registered …

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Electronic Filing of Sales Tax Return, How Revised Sales Tax Return

Electronic Filing of Sales Tax Return, How Revised Sales Tax Return

Facility of Electronic filing of Sales Tax Return is available for all registered persons. Revised Sales Tax Return in FBR A registered person may file a revised return within one hundred and twenty days of the filing of return to correct any omission or wrong declaration made therein, subject to approval of the Commissioner Inland …

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Categories of Sales Tax Return in Law

Categories of Sales Tax Return in Law

Categories of Sales Tax Return as per Law issued by Federal Board of Revenue, so most famous categories of taxpayers are monthly, quarterly or annual returns may be filed on prescribed format as follows: Monthly Return in FBRUnder the standard procedure a registered person is required to file monthly return Annexure C on 10th and …

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How to Deregistration of Person in FBR or Iris

How to Deregistration of Person

Deregistration of Person in FBR or Iris, if to deregister a person shall submit an application to Commissioner Inland Revenue having appropriate jurisdiction. Within ninety days from the date of such application or the date all the dues outstanding against such person are deposited by the person, whichever is later shall cause the person to …

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How to Revised Registration Certificate in FBR or Iris

How to Revised Registration Certificate

Revised Registration Certificate in FBR or Iris, In case of multiple registrations, the registered person shall apply to RTO/LTU for single registration to the RTO/LTU which after ascertaining tax liabilities from concerned RTO/LTU shall issue as per Law revised registration certificate in which previous registration number shall be merged.

How to Transfer of Registration in FBR or Iris

How to Transfer of Registration

Transfer of Registration in FBR or Iris, In case a registered person intends to shift his business activity from the jurisdiction of one RTO/LTU, to another RTO/LTU, or as the case may be to an RTO or LTU, or he has any other valid reason for such transfer, he shall apply to the RTO for …

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