06-15-2010, 02:54 PM
if u do not charge federal excise duty on supply/sales, then u cd adjust ur input federal excise duty with ur output sales tax.
if;
ur input federal excise duty on (sales tax mode)..
see.. sales tax act 1990, chapter1, sub section (21a) of section (2)
and see also chapter 2 , section (7)
....
when u go to refund claim ur duty /tax, then u must have to declare ur duty ''draw back'' in monthly return challan for the same amount.
regards,
if;
ur input federal excise duty on (sales tax mode)..
see.. sales tax act 1990, chapter1, sub section (21a) of section (2)
and see also chapter 2 , section (7)
....
when u go to refund claim ur duty /tax, then u must have to declare ur duty ''draw back'' in monthly return challan for the same amount.
regards,
