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+--- Forum: Tax (https://www.accountancy.com.pk/forum/forum-tax)
+--- Thread: Registration (/thread-registration)
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Registration - olympia - 08-07-2010
If i m a distributor i purchase supplies from <font color="red">"Company A"</font id="red"> & sell to <font color="red">"Campany C"</font id="red"> i took commission on sales from <font color="red">"Company A"</font id="red"> but i m not registered under Sales Tax Act 1990.
Is there any requirement to b <font color="red">"REGISTERED"</font id="red"> under Sales Tax Act 1990
- LapTop - 08-07-2010
Yes
- Marium Khan - 08-07-2010
There is no turnover limit for the registeration of Distributor under the Sales Tax Act,Is it correct?
- LapTop - 08-07-2010
Yes
- Sarfaraz Khan - 08-07-2010
distributors must have to register..without any lmit.
- Information Consultant - 08-07-2010
Following sectors are required to get registration for sales tax and charge sales tax on their supplies/ services
Manufacturing
Import
Services
Distribution,Wholesale Retail
- olympia - 08-09-2010
ok
but invoices r made in the name of "Company C" instead of "Company B"..
Company B is just perform like a bridge & take his commission.....
- Information Consultant - 08-09-2010
Company B is a distributor?
- olympia - 08-09-2010
g "Company B" is distributor
- Information Consultant - 08-09-2010
It seems that cpmany b raise sales invoice to company C and company B will charge only commsiion income in his bill.No sales tax involvement on part of comp B . Bcz Invoice issued in favor of comp C therefore comp C charge input tax in his reeturn and comp A claim output tax in his retun .Comp B is only a commission agent
- olympia - 08-09-2010
g aisa hi he
& "company A" pay commission to "Company B" after deducting 10% WHT on commission..........
it means "Company B(Distributor)" don't need to get registration under Sales Tax Act 1990 in this case.....
- Information Consultant - 08-10-2010
defination of distributor as per Sales tax Act
"distributor" means a person appointed by a manufacturer,
importer or any other person for a specified area to purchase goods
from him for further supply and includes a person who in addition
to being a distributor is also engaged in supply of goods as a
wholesaler or a retailer;
Any company fall under above mentioned defination needs to be registerd in Salestax.
I think above defination of distributor clear ur query
- olympia - 08-10-2010
g
thank u consultant bhai for ur precious time .........
- Sarfaraz Khan - 08-11-2010
Company B is working as INDENTER, for it no need to registered in sales tax.
- olympia - 08-11-2010
Indenter means?????????????/