AGL 40.13 Increased By ▲ 0.12 (0.3%)
AIRLINK 189.43 Increased By ▲ 1.45 (0.77%)
BOP 10.34 Increased By ▲ 0.22 (2.17%)
CNERGY 7.21 Increased By ▲ 0.10 (1.41%)
DCL 10.21 Increased By ▲ 0.06 (0.59%)
DFML 41.80 Increased By ▲ 0.23 (0.55%)
DGKC 108.63 Increased By ▲ 0.72 (0.67%)
FCCL 38.59 Decreased By ▼ -0.41 (-1.05%)
FFBL 89.91 Increased By ▲ 7.89 (9.62%)
FFL 15.02 Increased By ▲ 0.12 (0.81%)
HUBC 123.23 Increased By ▲ 3.77 (3.16%)
HUMNL 14.45 Increased By ▲ 0.40 (2.85%)
KEL 6.34 Decreased By ▼ -0.06 (-0.94%)
KOSM 8.40 Increased By ▲ 0.33 (4.09%)
MLCF 49.47 No Change ▼ 0.00 (0%)
NBP 74.82 Increased By ▲ 1.16 (1.57%)
OGDC 213.41 Increased By ▲ 8.56 (4.18%)
PAEL 32.99 Decreased By ▼ -0.57 (-1.7%)
PIBTL 9.07 Increased By ▲ 1.00 (12.39%)
PPL 199.93 Increased By ▲ 14.52 (7.83%)
PRL 34.55 Increased By ▲ 0.94 (2.8%)
PTC 27.21 Decreased By ▼ -0.18 (-0.66%)
SEARL 118.19 Decreased By ▼ -1.63 (-1.36%)
TELE 9.88 Increased By ▲ 0.19 (1.96%)
TOMCL 35.42 Increased By ▲ 0.12 (0.34%)
TPLP 12.57 Increased By ▲ 0.32 (2.61%)
TREET 22.29 Increased By ▲ 2.03 (10.02%)
TRG 60.90 Increased By ▲ 0.12 (0.2%)
UNITY 36.69 Decreased By ▼ -1.30 (-3.42%)
WTL 1.79 Increased By ▲ 0.14 (8.48%)
BR100 12,159 Increased By 386.9 (3.29%)
BR30 37,770 Increased By 1185.5 (3.24%)
KSE100 114,181 Increased By 3370.3 (3.04%)
KSE30 35,701 Increased By 1272.1 (3.69%)

ISLAMABAD: The Federal Board of Revenue (FBR) has reconstituted Single Sales Tax Return (SSTR) Committee for filing of single sales tax returns by services sector, banks, microfinance banks, insurance companies and other sectors across different sales tax jurisdictions.

In this regard, the FBR has issued a notification here on Friday to reconstitute Single Sales Tax Return Design, Development & Implementation Committee.

The notification revealed that the Single Portal/ SSTR for telecom sector has been implemented. The development of SSTR for all sectors across jurisdictions requires further support of provinces.

Telecom sector: FBR launches single sales tax return

In pursuance of decision of the Chairman FBR regarding Single Portal for filing of Sales Tax returns across different sales tax jurisdictions with a view to enhance the ease of doing business in the country, Single Sales Tax Return Design, Development & Implementation Committee comprising of the following officers of FBR and technical resource of PRAL is reconstituted in supersession of the Notification No.2878-IR-I/2023 dated 20th October, 2023.

The committee may associate any resource from FBR and Pakistan Revenue Automation Limited (PRAL) for consultation with different stakeholders and Provincial Revenue Administrations (PRAs) as and when required.

The committee will ensure development of Single Portal for filing of Single Sales Tax Return by December, 2024 followed by the implementation of SSTR across jurisdictions by May 31, 2025.

The terms of references (TORs) of the Committee included outreach with the Chamber of Commerce and other trade bodies as required; hold consultations with all the stakeholders including the representatives of the taxpayers, field formations of FBR and PRAs to ensure that their concerns are addressed in the Single Portal/Single Sales Tax Return.

To supervise software development by PRAL, UAT by PRAs and taxpayers, and manage transition from existing Sales Tax Return to Single Portal Return for all sectors.

The Supervisory Team included Ardsher Saleem Tariq (IRS/BS-21) Member (Reforms & Modernization), FBR and Aamer Amin Bhatti (IRS/BS-20) Chief (ST&FE) IR-Policy Wing, FBR.

The Implementation Team would be headed by Zain-ul-Abidin Sahi (IRS/BS-20) Chief (IT Systems), FBR. Other Members of the committee included. Mahwish Khan (IRS/BS-18) Second Secretary, (Business Process Reengineering), FBR; Fariduddin Khan (AOST/BS-18) Second Secretary (WHT), FBR Member; Faisal Sulaiman, Senior Business Analyst, PRAL and Shahid Sharif Manager (Development) PRAL.

The Coordination & Support team include Muhammad Khalid Jamil (IRS/BS-20) Director Program (Pakistan Raises Revenue Program), FBR and Sadia Akmal (IRS/BS-19) Additional Director (Coordination & Internal Communication PRRP), FBR.

Copyright Business Recorder, 2024

Comments

Comments are closed.

Mahboob elahi Sep 30, 2024 05:00am
Pakistan is turned into Committeeistan ...unwilling unfit persons to do impossible
thumb_up Recommended (0)