06-27-2011, 06:50 PM
Dear 2day Geo Reported this News
" The Sindh Assembly unanimously passed the Sindh Sales Tax on Services Bill-2011 into law earlier this month, enabling the government to collect Sales Tax (ST) on services from July 1, which is likely to bring significant revenue to the governmentâs kitty.
According to sources, Sindh Revenue Board will collect taxes on taxable services including hotels, telecommunication, property buying and selling, courier and airport services.
No new ST on services would be imposed for the time being and Sindh would collect tax on services at the same 16 percent rate, sources added.
The Sindh Government has fixed the target of Rs25 billion for the next fiscal year to achieve.
The 18th amendment of the constitution gives the provinces authority to collect sales tax on services. "
Now let me explain my problem
We have two licenses one for clearing & shipping working at Gadani customs house and one licence each for clearing and shipping working at karachi customs house. We are submitting one return covering all 4 licences shipping as well as clearing.
Now after the above said "Sindh Sales Tax on Services Bill-2011" whether we will hv to file seperate returns for karachi customs licences n Gadani licenses?
And whether we need to get ourselves registered afresh with sindh revenue board and baluchistan revenue board.
" The Sindh Assembly unanimously passed the Sindh Sales Tax on Services Bill-2011 into law earlier this month, enabling the government to collect Sales Tax (ST) on services from July 1, which is likely to bring significant revenue to the governmentâs kitty.
According to sources, Sindh Revenue Board will collect taxes on taxable services including hotels, telecommunication, property buying and selling, courier and airport services.
No new ST on services would be imposed for the time being and Sindh would collect tax on services at the same 16 percent rate, sources added.
The Sindh Government has fixed the target of Rs25 billion for the next fiscal year to achieve.
The 18th amendment of the constitution gives the provinces authority to collect sales tax on services. "
Now let me explain my problem
We have two licenses one for clearing & shipping working at Gadani customs house and one licence each for clearing and shipping working at karachi customs house. We are submitting one return covering all 4 licences shipping as well as clearing.
Now after the above said "Sindh Sales Tax on Services Bill-2011" whether we will hv to file seperate returns for karachi customs licences n Gadani licenses?
And whether we need to get ourselves registered afresh with sindh revenue board and baluchistan revenue board.
