Sindh Revenue Board (SRB) has advised all concerned that any Sindh Sales Tax on Services (SToS) payment made under any head of account other than "B-02382-Sindh Sales Tax on Services" and/or made on any CPR other than Form SST-04, shall be deemed non-payment of the tax due and shall render the service provider liable to assessment under section 23 and section 47 of the Sindh Sales Tax on Services Act, 2011, besides the liability to pay the default surcharge under section 44 thereof.
This was stated by the spokesperson of SRB while talking to Business Recorder, here on Saturday. He made it clear that such persons shall also render themselves liable to penal action under the relevant provisions of section 43 of the Sindh Sales Tax on Services, Act 2011.
He said that all service providers of taxable services, as specified in the Second Schedule of Sindh Sales Tax on Services Act 2011, would deposit tax due under the Sindh Government's Head of Account "B-02382-Sindh Sales Tax on Services" on the computerised tax payment challan Form SST-04 and obtain CPR from the branches of National Bank of Pakistan (NBP) authorised by SRB.
He further said that all the taxpayer companies and individuals should file their tax returns on the prescribed form SST-03 by the prescribed due date. Comply with the provisions of the Sindh Sales Tax on Services Act, 2011, and the rules made there under, he added. It is pertinent to mention here that SRB had collected Rs 1.8 Billion in the head of SToS of the month of July 2011. While, the collection of SToS of August 2011 is also continued.
Comments
Comments are closed for this article.