Sales tax, excise returns: Govt urged to extend dates of payment

KARACHI: The Karachi Chamber of Commerce and Industry (KCCI) has urged the government and the Federal Board of Revenue (FBR) to extend dates of payment and submission of Sales Tax and Federal Excise Returns for the tax period of April 2021 to May 30, 2021 to facilitate taxpayers as many of them were unable to submit their returns before the deadline which ended today.

Chairman Businessmen Group (BMG) and former president KCCI Zubair Motiwala, while appealing to the FBR to extend last date for ST and FE returns, pointed out that the business community recently underwent prolonged holidays for eight consecutive days while arrival of containers at Karachi Port also suffered delays due to situation triggered by the colossal cargo ship that got stuck in the Suez Canal, blocking traffic through the crucial waterway.

Copyright Business Recorder, 2021