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+--- Thread: 1/5 part on the registered s/tax supplier invoice (/thread-1-5-part-on-the-registered-s-tax-supplier-invoice)
1/5 part on the registered s/tax supplier invoice - minhajgul - 01-31-2010
if we purchase some goods from the registered sales Tax suppliers and they mentioned/deducted the 16 % sales tax amount. when we making the payments of their invoice. 1/5 part of their sales tax amount will be deducted (sapouse sale tax amount Rs,500/ then we withhold 1/5 Part Rs, 100/= that will be deucted from the invoice) as well as 3.5% income tax on the gross invoice amount then the balance amount to be paid. Is the 1/5 part extra sales tax having in sales tax rules if so on what Section and rules please quoted the reference accrodingly?
<font size="2"></font id="size2"><font color="red"></font id="red">Minhaj
- murad ali - 02-01-2010
<blockquote id="quote"><font size="1" face="Verdana, Arial, Helvetica, san" id="quote">quote<hr height="1" noshade id="quote"><i>Originally posted by minhajgul</i>
<br />if we purchase some goods from the registered sales Tax suppliers and they mentioned/deducted the 16 % sales tax amount. when we making the payments of their invoice. 1/5 part of their sales tax amount will be deducted (sapouse sale tax amount Rs,500/ then we withhold 1/5 Part Rs, 100/= that will be deucted from the invoice) as well as 3.5% income tax on the gross invoice amount then the balance amount to be paid. Is the 1/5 part extra sales tax having in sales tax rules if so on what Section and rules please quoted the reference accrodingly?
<font size="2"></font id="size2"><font color="red"></font id="red">Minhaj
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- murad ali - 02-04-2010
dear please see the sales tax special procedures(witholding)2007 for this<blockquote id="quote"><font size="1" face="Verdana, Arial, Helvetica, san" id="quote">quote<hr height="1" noshade id="quote"><i>Originally posted by minhajgul</i>
<br />if we purchase some goods from the registered sales Tax suppliers and they mentioned/deducted the 16 % sales tax amount. when we making the payments of their invoice. 1/5 part of their sales tax amount will be deducted (sapouse sale tax amount Rs,500/ then we withhold 1/5 Part Rs, 100/= that will be deucted from the invoice) as well as 3.5% income tax on the gross invoice amount then the balance amount to be paid. Is the 1/5 part extra sales tax having in sales tax rules if so on what Section and rules please quoted the reference accrodingly?
<font size="2"></font id="size2"><font color="red"></font id="red">Minhaj
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