10-27-2009, 04:55 PM
Dear Mar. laptop,
this is for updation please,,,....
1.As per SRO 704 LTU registered person has to withheld 1% of the taxable supplies not 1/5th of sales tax(1/5th is in case of government and autonomous bodies).
2.Now SRO 603 regarding purchases from unregistered person is being subtitute by SRO 846 (2009)so no need to withheld the amount in case of purchases from unregistered persons.
Regards,
Farhan
<blockquote id="quote"><font size="1" face="Verdana, Arial, Helvetica, san" id="quote">quote<hr height="1" noshade id="quote"><i>Originally posted by Riftaj</i>
<br />thank you so much sir,
ap na kafi achy tariky sa explain kia ha,,
but dear sir,, mujy is ka maqsad sumij nhi haya CBR ka asa karny sa kia benefit ho ga?????
2nd question
Sir hum kis amount per 3.5 I tax deduct kary ga?????
kia 116000/=== or 112800/= at the time payment ?????
your answer higly appreciated sir
Thanks
tack good care
Rifi
<blockquote id="quote"><font size="1" face="Verdana, Arial, Helvetica, san" id="quote">quote<hr height="1" noshade id="quote"><i>Originally posted by LapTop</i>
<br />Sallam,
agar aap LTU (Large Tax payer Unit) ki jurisdiction may aaty hayn to aap sales tax k liye withholding agent hon gay,
1) Agar aap kisi sales tax registerd person say purchase karo gay to sales tax amount ka 1/5 withheld kar lo gay, yani agar 100,000/- ki purchase ki hayn or 16,000/- sales tax invoice may charge kiya gya hay to aap 16000/- ka 1/5 yani 3200/- withheld kar layn gay, or payment 112800/- ki karyn gay.
2) Agar aap kisi Unregisterd person say purchase karyn gay to wo aap ko sales tax invoice issue nahi kar sakta, to aap invoice value ka 16% with held kar layn gay, yani agar wo 100,000/- ki invoice issue kary ga to aap 16,000/- withheld karyn gay, or payment 84,000/- ki karyn gay.
LTU or Koi bhi person jo Advertising service lay ga wo sales tax k liye withholding agent ho ga.
1) Agar aap kisi sales tax registerd person say Advertising Servicelo gay to sales tax amount ka 1/5 withheld kar lo gay, yani agar 100,000/- ki purchase ki hayn or 16,000/- sales tax invoice may charge kiya gya hay to aap 16000/- ka 1/5 yani 3200/- withheld kar layn gay, or payment 112800/- ki karyn gay.
2) Agar aap kisi Unregisterd person say Advertising Service lo gay to wo aap ko sales tax invoice issue nahi kar sakta, to aap invoice value ka 16% with held kar layn gay, yani agar wo 100,000/- ki invoice issue kary ga to aap 16,000/- withheld karyn gay, or payment 84,000/- ki karyn gay.
Sales Tax Registerd person jo amount withheld kary ga wo usy monthly return may show kary ga or return k sath jama karwaye ga.
Sales Tax Unregisterd person, E-Enrolment karwaye ga, E-Enrolment karwany k baad wo har mahiny âSales Tax Return for Withholding Agentsâ jama karway ga.
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this is for updation please,,,....
1.As per SRO 704 LTU registered person has to withheld 1% of the taxable supplies not 1/5th of sales tax(1/5th is in case of government and autonomous bodies).
2.Now SRO 603 regarding purchases from unregistered person is being subtitute by SRO 846 (2009)so no need to withheld the amount in case of purchases from unregistered persons.
Regards,
Farhan
<blockquote id="quote"><font size="1" face="Verdana, Arial, Helvetica, san" id="quote">quote<hr height="1" noshade id="quote"><i>Originally posted by Riftaj</i>
<br />thank you so much sir,
ap na kafi achy tariky sa explain kia ha,,
but dear sir,, mujy is ka maqsad sumij nhi haya CBR ka asa karny sa kia benefit ho ga?????
2nd question
Sir hum kis amount per 3.5 I tax deduct kary ga?????
kia 116000/=== or 112800/= at the time payment ?????
your answer higly appreciated sir
Thanks
tack good care
Rifi
<blockquote id="quote"><font size="1" face="Verdana, Arial, Helvetica, san" id="quote">quote<hr height="1" noshade id="quote"><i>Originally posted by LapTop</i>
<br />Sallam,
agar aap LTU (Large Tax payer Unit) ki jurisdiction may aaty hayn to aap sales tax k liye withholding agent hon gay,
1) Agar aap kisi sales tax registerd person say purchase karo gay to sales tax amount ka 1/5 withheld kar lo gay, yani agar 100,000/- ki purchase ki hayn or 16,000/- sales tax invoice may charge kiya gya hay to aap 16000/- ka 1/5 yani 3200/- withheld kar layn gay, or payment 112800/- ki karyn gay.
2) Agar aap kisi Unregisterd person say purchase karyn gay to wo aap ko sales tax invoice issue nahi kar sakta, to aap invoice value ka 16% with held kar layn gay, yani agar wo 100,000/- ki invoice issue kary ga to aap 16,000/- withheld karyn gay, or payment 84,000/- ki karyn gay.
LTU or Koi bhi person jo Advertising service lay ga wo sales tax k liye withholding agent ho ga.
1) Agar aap kisi sales tax registerd person say Advertising Servicelo gay to sales tax amount ka 1/5 withheld kar lo gay, yani agar 100,000/- ki purchase ki hayn or 16,000/- sales tax invoice may charge kiya gya hay to aap 16000/- ka 1/5 yani 3200/- withheld kar layn gay, or payment 112800/- ki karyn gay.
2) Agar aap kisi Unregisterd person say Advertising Service lo gay to wo aap ko sales tax invoice issue nahi kar sakta, to aap invoice value ka 16% with held kar layn gay, yani agar wo 100,000/- ki invoice issue kary ga to aap 16,000/- withheld karyn gay, or payment 84,000/- ki karyn gay.
Sales Tax Registerd person jo amount withheld kary ga wo usy monthly return may show kary ga or return k sath jama karwaye ga.
Sales Tax Unregisterd person, E-Enrolment karwaye ga, E-Enrolment karwany k baad wo har mahiny âSales Tax Return for Withholding Agentsâ jama karway ga.
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