08-01-2009, 12:21 AM
Hi Sallam, according to SRO mention above,,,,
A withholding agent, including a person registered in a Large Taxpayers Unit and a recipient of advertisement services, who purchases goods and services from unregistered person, shall deduct sales tax at the applicable rate of the value of taxable supplies made to him from the payment due to the supplier
If u purchase from unregisterd supplier.
The procedure will be as follows
Taxable purchases from unregistered supplier 1000/-
GST applicable rate 16% 160/-
Total GST withheld by Withholding Agent 160/-
PAID amount to the supplier 840/-
U will submit the GST With held 160/- in Your monthly GST RETURN IN ROW 18 sales tax withheld by the return filer as withholding agent.
A withholding agent, including a person registered in a Large Taxpayers Unit and a recipient of advertisement services, who purchases goods and services from unregistered person, shall deduct sales tax at the applicable rate of the value of taxable supplies made to him from the payment due to the supplier
If u purchase from unregisterd supplier.
The procedure will be as follows
Taxable purchases from unregistered supplier 1000/-
GST applicable rate 16% 160/-
Total GST withheld by Withholding Agent 160/-
PAID amount to the supplier 840/-
U will submit the GST With held 160/- in Your monthly GST RETURN IN ROW 18 sales tax withheld by the return filer as withholding agent.
