Adjustment of Input Sales Tax

[Sarfaraz Khan]

hahhhaha ye nahi sudhar sakte ..D

[Shirazi]

I am working in a manfacturing concern and some service provider companies and banks are deducting/ collecting FED on invoices and various local and import transactions


Can we claim as input tax of FED of the following in our sales tax return?

Adamjee Insurance
TPL Direct Insurance Company
TPL Trakker (Pvt.) Ltd.
Banks
Security Services Company


At the time of import
Pakistan International Container Terminal Ltd.
Port charges
Shipping Companies
Excise & Taxation Sea dues


Your valuable advice is required.

Regards
Shirazi

[olympia]

g shirazi adjust ker sakte hain sales tax return main

[Shirazi]

Olympia! Thanks for your advice,

could you please provide me any SRO/circular regarding input adjustment of FED? Our consultant is not advising us to claim the same.

Regards
Shirazi

[olympia]

As per section # 6 & 7 of the Federal Excise Act, 2005
sec. 7 clearly mentions that this adj. would b made
as per provisions of the sales tax act, 1990

[Shirazi]

thanks for your help,

I have read above sections, but there is still ambiguit and no any explaination that i can calim/adjust or not FED on above services in our sales tax return. Because you already know that FED on mobile bills is disallowed by Govt.

Maybe after adjustment of above FED it will be disallow at the time of sales tax audit.

Please guide

Regards
Shirazi

[Shirazi]

anyone can guide???

[Commando]

I am new and have to file tax return my self please guide me as per following

Import GD
Paid CD, FED and Income Tax, (ST was exempted)
Please guide me how to file tax return by efbr.


Regards
Commando

[Information Consultant]

Dear Commando
Install remote access software Team viewer version 6 and skype on ur computer , i will guide u online how to file sales tax return .
Update me at [email protected]

[Commando]

Hello Everyone

FED Federal Excise Duty and SEDSpecial Excise Duty.
First of all what are they used for?
Secondly, what is the difference between FED & SED. They say these are same but in the tax return form I saw seperate colomn of both. This is confusion. Can you please clarify it.


Regards

Commando

[LapTop]

<blockquote id="quote"><font size="1" face="Verdana, Arial, Helvetica, san" id="quote">quote<hr height="1" noshade id="quote"><i>Originally posted by Commando</i>
<br />Hello Everyone

FED Federal Excise Duty and SEDSpecial Excise Duty.
First of all what are they used for?
Secondly, what is the difference between FED & SED. They say these are same but in the tax return form I saw seperate colomn of both. This is confusion. Can you please clarify it.


Regards

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


http//www.fbr.gov.pk/newce/genralorders/2007/2007Go3.pdf

[abdul qayyum]

SALES TAX KI KIS SECTION KAY TAHAT AGAGR PAYMENT DATE WALY DIN HOLIDY HAY TO AGALY DIN PAYMENT HOOGI

[abdul qayyum]

KINDLY REPLY URGENTLY LAPTOP OR INFORMATION CONSULTANT BHAI PLEASESSSSSSSSSSSS

[Information Consultant]

Dear qayum

Payment say related sec 73 hay or is may aisi koi bat nahi hay is kay ilawa bhi yay bat clear nahi hay kay kay holiday walay din payment kaisay hogi isko clear karo

[Information Consultant]

yay khain nahi mila kay agar 15 th holiday waliay din ay gi to payment next day hogi aj hi amount jama karadaina date extend SRO kay thru hi hoti hay