06-14-2011, 09:17 PM
Dear Information Consultant and Wasim
The apprehension of waseem is wrong, SRO 283 specifically disallow input tax against sales @ 4% and 6%,
in the sales tax return there is a column 4 inadmissible input tax
write the sales tax input amount excluding paid on utilities in that column and your liability will arise
also note that input tax paid on utilities is only adjustable against sale to unregistered persons
Regards
Anfal Shabbir
The apprehension of waseem is wrong, SRO 283 specifically disallow input tax against sales @ 4% and 6%,
in the sales tax return there is a column 4 inadmissible input tax
write the sales tax input amount excluding paid on utilities in that column and your liability will arise
also note that input tax paid on utilities is only adjustable against sale to unregistered persons
Regards
Anfal Shabbir
