Sales Tax Special Procedure (WHT) Rules

ArsalanYousuf · 03-11-2011, 04:22 AM

As per Sales Tax Special Procedure (WHT) Rules, our customer (LTU) deduct one percent on value of taxable supplies at the time of payment.

Problem
From Dec 2009 to June 2010 (Amounting Rs. 2.2million), we have not claimed aforesaid WH sales tax in sales tax return against output tax. However, thereafter deduction from July 2010 to Dec 2010 is properly adjusted against output tax.

Required way to claimed aforesaid 2.2million.

Second question is that can Sept 2010 sales tax invoice can be claimed in sales tax return for the month of Mar 2011 (i.e last date of payment is 15 April 2011) as input tax.

Regards

ArsalanYousuf · 03-12-2011, 02:21 AM

Dear laptop please reply..?

LapTop · 03-12-2011, 04:45 AM

Arsalan bhai,
Mujhay ap ki problem Samajh nahi aai hay sahi say, ap nay kitna Output show kiya tha return may, wo jo invoice par tha ya utna jitna ap ko client nay diya 1% withheld kar k.

http//www.fbr.gov.pk/newst/STGOs/2004stgo2.htm

ArsalanYousuf · 03-12-2011, 03:29 PM

Dear laptop

Dekhey humhara ek hi client hai jo humhara 1per sales tax deduct kerta hai at the time of payment.

Us ney Dec 2009 sey June 2010 humhara 2.2million sales tax deduct kiya. Yeah 2.2 million humhey apney sales tax return main claim kerna chaye tha but woh claim nae ker paey hum..

As per Law ager koi sales tax invoices hum claim nae kersekey within relevant period toh hum next 6 tax period main claim ker sektey hai..

Ab mujhe batey kya koi aisa way hai k yeah 2.2 million hum recover kersekey..

LapTop · 03-12-2011, 06:33 PM

Arsalan bhai,
Ap bohat aasan alfaz may samjha rahay hayn, par mujhay ab bhi ap ki problem samajh nahi aai.

Baz okat ghalat terminology ki waja say asan si bat ko samajhna mushkil ho jata hay,

Claim sirf Input tax hota hay, output tax claim nahi hota usy declare kiya jata hay,
Yani k output tax jis k liye ho ga wo declare kary ga, or input tax jis k liye ho ga wo claim kary ga.

Mujhay sirf ap ye bata dayn k, ap nay apny return nay jo output declare kiya tha wo invoice may jo tax mention tha wo ya ya, jo ap ko output tax received howa withheld hony k bad wo declare kiya aap nay.

ArsalanYousuf · 03-12-2011, 08:10 PM

Output tax main woh declare kiya hai jo Sales Tax Invoice main tha before deduction of 1 percent.

Eg Dec 2009 sey laikey June 2010 tak

sales ki ------------------ Rs. 220 million
sales tax 17% ------------- Rs. 37.4 million
Sales Tax withheld (1%)---- Rs. 2.2 million
Net Amount Recieved from customer(220 x 1.16) Rs. 255.2million

Return
Output Tax 37.4 million declare kiya..

_______________________________________

2.2 million kuch internal issue ki waja sey return main show nae kerpaey..
Way to recover bataey.

hope so appko samaj agiya hoga )

LapTop · 03-12-2011, 08:25 PM

Sab say pahly Client say withholding k certificate collect karyn,
Us k baad return revise karny paryn gay aap ko.
Us k liye approval layni pary gi pahly sales tax department say.

Sayub · 03-13-2011, 04:35 AM

Agreed with laptop.

<blockquote id="quote">quote<hr height="1" noshade id="quote">Originally posted by LapTop
 Sab say pahly Client say withholding k certificate collect karyn,
Us k baad return revise karny paryn gay aap ko.
Us k liye approval layni pary gi pahly sales tax department say.

<hr height="1" noshade id="quote"></blockquote id="quote">

ArsalanYousuf · 03-13-2011, 08:37 AM

Approval kase laingey Commisioner sey ..

step by step procedure bata dainga ..

revision of return main ager tax further pay kerna hotoh toh approval automatic hoti.. but marey case main refund claim hoga.. us case main actual approval chaye hoti hai..
procedure bata dey..
main tax mian new hotoh toh detail main bataiga..

thx )

LapTop · 03-14-2011, 04:50 AM

<blockquote id="quote">quote<hr height="1" noshade id="quote">Originally posted by ArsalanYousuf
 Approval kase laingey Commisioner sey ..

step by step procedure bata dainga ..

revision of return main ager tax further pay kerna hotoh toh approval automatic hoti.. but marey case main refund claim hoga.. us case main actual approval chaye hoti hai..
procedure bata dey..
main tax mian new hotoh toh detail main bataiga..

thx )

<hr height="1" noshade id="quote"></blockquote id="quote">

Arsaln Bhai,

Ap ko chayea k ap kisi achay Tax consultant/Lawyer say rabta karyn. Wo ap ka masla hal kar dayn gay.

Anfal Shabbir · 03-14-2011, 04:01 PM

Dear Arsalan

according to my opinion u have to get condonation for that delay by using section 74 of the sales tax act 1990

by getting condonation u will be able to claim such input tax against future tax liability

i hope the above will resolve your query

Best Regards

Anfal Shabbir

ArsalanYousuf · 03-15-2011, 04:06 AM

Dear Anfal & Laptop

Thank for your support. Haan mainey yeah case KPMG ko daidiya hai.. woh humhare already tax consultant hai..

Haan under section 74 commisioner sey approval laini hai..