Sales Tax Registration In Pakistan
WHY WE SHOULD REGISTER FOR SALES TAX IN PAKISTAN?
Importance of Sales Tax Registration
In Pakistan, this tax is governed by the Sales Tax Act of 1990, granting the federal government the authority to impose sales tax nationwide. The Federal Board of Revenue (FBR) administers this tax on certain goods and services at various stages of production and distribution.
For all business owners in Pakistan, it is imperative to determine whether they need to register for sales tax. If their businesses meet the threshold set by the federal government, they must register with sales tax to the FBR with the expert guidance of CompanyEnrolla.
BENEFITS OF
Sales Tax Registration In Pakistan
Sales Tax Registration in Pakistan provides several significant advantages for businesses in paksitan.
Credibility & Stability
Registering for sales tax can enhance your business’s credibility and trustworthiness among customers, suppliers, and partners. It exhibits your commitment to operating legitimately and in accordance with the law.
Improved Law Compliance
Access to Input Tax Credit
Sales tax registration allows you to claim input tax credit. This means you can deduct the sales tax you pay on business purchases against the tax you collect from customers. It helps reduce your overall tax burden.
Sales Tax Refunds
Supplier Requirement
Customer Requirement
HOW WE REGISTER?
Our Process Of Sales Tax Registration
Consultation
In the first step, we offer a free consultation to discuss your specific requirements for sales tax registration in Pakistan. This helps us to understand your business structure, operations, and the types of transactions involved.
Documentation
Following the consultation, our experts guide you through the compilation of all essential documentation needed for your sales tax registration application. This includes all the documents mentioned below.
Application Submission
Once all documentation is gathered and verified, we take responsibility for preparing and submitting your sales tax registration application to the Federal Board of Revenue (FBR) on your behalf. We meet the requirements of FBR and ensure that all necessary forms are correctly filled and submitted.
Follow Ups
After submitting your application to the FBR, our team initiates regular follow-ups to track the progress of your registration. We maintain direct communication with FBR officials to ensure that your application moves through the review and approval process without unnecessary delays.
Biometric Verification
Upon successful initial processing of your application by the FBR, the next step involves biometric verification conducted by the National Database and Registration Authority (NADRA). Our team assists you in completing this verification process, which typically requires the submission of biometric data such as fingerprints and photograph verification.
Get Registration Number
After successful approval of your application, you will get your Sales Tax Registration Number (STRN) from the FBR. This unique identifier is mandatory for conducting taxable transactions and fulfilling your sales tax obligations in Pakistan.
ELIGIBILITY OF SALES TAX REGISTRATION?
Who Is Required to Register For Sales Tax?
All importers, wholesalers (including dealers), distributors & exporters seeking sales tax refunds for their zero-rated supplies
Manufacturers are not considered part of the cottage industry if their annual turnover exceeds Rs. 10 million or their annual utility bills exceed Rs. 800,000.
Tier-1 retailers include those in national/international chains, air-conditioned malls with high electricity expenses exceeding 1.2 million rupees over the past 12 months, dual wholesale-retail operations, or large shops (1,000+ sq ft; 2,000+ sq ft for furniture).
According to provincial or federal law, anyone who collects or pays taxes similar to sales tax, such as service providers (hotels, clubs, caterers, customs agents, ship chandlers, and courier services), must register.
Retailers must register for sales tax if they use a point-of-sale system for debit or credit card payments from banks or authorized digital payment providers by the State Bank of Pakistan.
A person involved in selling jewelry or jewelry parts made of precious metal or metal plated with precious metal, excluding those whose shop area is 300 square feet or less.
Avail 30% Discount
WHY CHOOSE US
For Sales Tax Services In Pakistan?
The experts at CompanyEnrolla will help you throughout the sales tax registration procedure in Pakistan. Our team of sales tax experts has years of experience helping businesses with sales tax registration. We know the requirements and provide cost-effective solutions for your sales tax registration in Pakistan. Our team manages all the administrative work, allowing you to focus on your business operations.
- High-Quality Services
- 24/7 consultation
- Error-Free Procedure
FAQ's