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+--- Thread: Sales tax paid on Assets purchase (/thread-sales-tax-paid-on-assets-purchase)
Sales tax paid on Assets purchase - Sarfaraz.alam - 12-19-2009
Dear All,
I want to know that how can I e-file the sales tax which I paid on purchse of assets (locally and Imported)
- LapTop - 12-19-2009
Sales tax charged on the acquisition of fixed assets shall be adjustable against the output tax in twelve equal monthly installments.
- Sarfaraz.alam - 12-21-2009
Thank for reply.
Suppose that if the company owned a Vehicle in September 2009, and forget to adjust the sales tax in return for the M/O September 2009, than what should be the next step.
<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 />Sales tax charged on the acquisition of fixed assets shall be adjustable against the output tax in twelve equal monthly installments.
<hr height="1" noshade id="quote"></font id="quote"></blockquote id="quote">
- Sheraz Ahmad - 12-21-2009
<blockquote id="quote"><font size="1" face="Verdana, Arial, Helvetica, san" id="quote">quote<hr height="1" noshade id="quote"><i>Originally posted by Sarfaraz.alam</i>
<br />Thank for reply.
Suppose that if the company owned a Vehicle in September 2009, and forget to adjust the sales tax in return for the M/O September 2009, than what should be the next step.
<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 />Sales tax charged on the acquisition of fixed assets shall be adjustable against the output tax in twelve equal monthly installments.
<hr height="1" noshade id="quote"></font id="quote"></blockquote id="quote"> If a Sales Tax Payer didn't claim any adjustment with in the relevant month then it may be adjust in next month.
<hr height="1" noshade id="quote"></font id="quote"></blockquote id="quote">
- Riftaj - 12-22-2009
hi
its not beg issue you can take against next month i mean OCT ok,
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 Sarfaraz.alam</i>
<br />Thank for reply.
Suppose that if the company owned a Vehicle in September 2009, and forget to adjust the sales tax in return for the M/O September 2009, than what should be the next step.
<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 />Sales tax charged on the acquisition of fixed assets shall be adjustable against the output tax in twelve equal monthly installments.
<hr height="1" noshade id="quote"></font id="quote"></blockquote id="quote">
<hr height="1" noshade id="quote"></font id="quote"></blockquote id="quote">
- LapTop - 12-22-2009
Yes
- Information Consultant - 05-14-2011
An organization fall in zero rate sector can claim Sales tax refund on Acquisation of Fixed Assets( Cables from Pakistan cables)?