Pakistan Business Consultants provides professional Sales Tax Services SRB in Karachi for businesses, freelancers, IT companies, consultants, and service providers. We help you register, file returns, and stay compliant with provincial tax authorities.

Unlike goods, sales tax on services is managed by provincial authorities such as:

• Sindh Revenue Board (SRB)
• Punjab Revenue Authority (PRA)
• Khyber Pakhtunkhwa Revenue Authority (KPRA)
• Balochistan Revenue Authority (BRA)

We provide complete consultancy to ensure smooth compliance and avoid penalties.

Tax planning is a process of looking at various tax options in order to determine when, whether, and how to conduct business and personal transactions so that taxes are eliminated or reduced.

There are countless tax planning strategies available, particularly if you own a small business. Some are aimed at your individual tax situation, some at the business itself. But regardless of how simple or how complex a tax strategy is, it will be based on structuring the transaction to accomplish one or more of these often overlapping goals.

Tax planning is the analysis of a financial situation or plan from a tax perspective. The purpose of tax planning is to ensure tax efficiency, with the elements of the financial plan working together in the most tax-efficient manner possible. Tax planning is an important part of a financial plan, as reducing tax liability and maximizing eligibility to contribute to retirement plans are both crucial for success. Tax planning encompasses many different considerations, including the timing of income, purchases and other expenditures; the selection of investments and types of retirement plans; and a person’s filing status and common deductions. Tax planning is mainly divided into three following steps;Tax planning is the analysis of a financial situation or plan from a tax perspective. The purpose of tax planning is to ensure tax efficiency, with the elements of the financial plan working together in the most tax-efficient manner possible. Tax planning is an important part of a financial plan, as reducing tax liability and maximizing eligibility to contribute to retirement plans are both crucial for success. Tax planning encompasses many different considerations, including the timing of income, purchases and other expenditures; the selection of investments and types of retirement plans; and a person’s filing status and common deductions. Tax planning is mainly divided into three following steps;

We are providing a full range of indirect tax services that include sales tax registration, sales tax advisory services, sales tax system evaluation and other ancillary matters. Following are the requirements for registration in sales tax.

Registration.—

(1) Registration will be required for all persons who:

(a) are residents;

(b) provide any of the services listed in the Second Schedule from their registered office or place of business in Sindh; and

(c) fulfill any other criteria or requirements which the Board may prescribe under sub-section (2).

(2) Registration under this section will be regulated in such manner and subject to such conditions and restrictions and rules as the Board may, by notification in the official Gazette, prescribe.

(3) A person who receives a service, which is a taxable service by virtue of subsection (2) of section 3, and is not a registered person shall be deemed to be a registered person for the purposes of the tax period in which such person:

(i) receives the service;

(ii) an invoice for the value of the service is sent to the person; or

(iii) consideration for the service is paid by the person; whichever is earlier and all the provisions of this Act and rules made there under shall be applicable to such person for that particular tax period and any matters relating to, arising out of, or concerning that tax period as if that person had provided the service.

• NTN Certificate;
• Company Letter Head;
• Bank Account Maintenance Certificate;
• Electricity Bill Not Older Then 03 Months;
• Cnic Copy Of Owner;
• Rent Agreement Of Business Premises.
• Last Paid Electric Bill.

• Incorporation Certificate of the Company;
• NTN Certificate of Company;
• Memorandum and Article of Association of the Company;
• CNICs of all Directors;
• Original certificate of maintenance of bank account in Company’s name;
• Original evidence of tenancy with CNIC of owner and witness / ownership of business premises;
• Original paid utility bill of business premises not older than 3 months,
• Letter Head of Business;

• NTN CERTIFICATE
• Original partnership deed,
• Original registration certificate from Registrar of Firms.
• CNICs of all Members / Partners;
• Original certificate of maintenance of bank account in AOP’s name;
• Original evidence of tenancy with CNIC of owner and witness / ownership of business premises;
• Original paid utility bill of business premises not older than 3 months,
• Letter Head of Business;

• Every registered person must file monthly sales tax returns.

  Required Documents:

  • Sales invoices
  • Purchase records
  • Bank statements
  • Previous returns

  Types of Returns:

  • Monthly Return
  • Special Return (if required by authority)
  • Final Return (on deregistration)

• A tax audit is an examination into the background of tax related transaction to confirm that these are correctly calculated, paid and recorded. Since today’s dynamic environment both business and individuals have to conform with numerous taxation and other laws so a tax audit actually ensures compliance in order to minimize tax risk exposure to the client.The primary purpose of a tax audit is to make certain that books of Accounts have been maintained in agreement with the provisions of the Sales Tax Act, 1990:
  • Ensure that audit has effectively curbed Tax Evasion and ensures Tax Compliance;
  • It enhances the reliance of stakeholders
  • Helps in improved tax planning

  How the audit proceedings are conducted are as follows: -?

Our Tax litigation services covers preparation and filing of sales Tax appeals for corporate and personal tax clients, before the below appellate authorities/forums.

Appeals. — (1) Any person, other than the Board or any of its officers, aggrieved by any decision or order passed under sections 66[22, 23, 24B, 43, 44, 47, 68 or 76] by an officer of the SRB may, within thirty days of the date of receipt of such decision or order, prefer an appeal to the Commissioner (Appeals) SRB.

(4) An appeal under this section shall be preferred to the Commissioner (Appeals) within thirty days from the date on which the order or decision is served upon the appellant.]

(5) The Commissioner (Appeals) SRB may, upon application in writing by the appellant, admit an appeal after the expiration of the period specified in sub-section (4) if the Commissioner (Appeals) SRB is satisfied that the appellant was prevented by sufficient cause from lodging the appeal within that period.

(1) An officer of the SRB, not below the rank of Assistant Commissioner SRB, may, on the basis of the return submitted by a registered person or the records obtained under sub-section (2) of section 27 conduct an audit of such person once in a year.

Provided that in case the Commissioner SRB has any information showing that such registered person is involved in tax fraud or evasion of tax, he may authorize an officer of the SRB, not below the rank of Assistant Commissioner SRB, to conduct an inquiry or investigation under section 48 which may or may not be in addition to any audit carried out for the same period.

(3) The officer of the SRB shall conduct a preliminary audit and issue an audit observation pointing out the contraventions of the Act or rules, as the case may be, and the amount of tax evaded therein, on the basis of scrutiny of such records. The registered person may, within a period of 21 days of the receipt of the audit observation, submit his point of view in writing.

(4) If, within the period prescribed in sub-section (3), no reply is received or the reply furnished by the registered person is found unsatisfactory, the officer of the SRB shall issue an audit report specifying the amount of tax or charge that has not been levied or has been short levied or any other violation of any provision of Act or rules made there under.

(5) After completion of the audit under this section or any other provision of law, the officer of the SRB, not below the rank of Assistant Commissioner SRB, may pass an order in accordance with the provisions of section 23 or section 47, as the case may be, imposing the correct amount of tax, charging default surcharge and imposing a penalty.

We know how to face challenges arising out of difficult and complex tax issues. We have a well-trained team, working collaboratively in order to win all sorts of situations. We are confident that we can achieve the needs and best interests of our clients. We have a team of widely known Advocates and Consultants providing solutions involving different financial issues.

Our consultants keep fully engage with clients at all stages of their cases that occur during litigation. Our team is highly experienced and has dealt with thousands of cases in Karachi Pakistan. Our specialized team studies all available options in relation to cases and then advises client on the best legal option before the courts. We are sufficiently experienced and professionally equipped to fight in order to achieve the success.

• Registration with Sindh Revenue Board
• SRB portal setup
• NTN linkage

• Audit handling
• Documentation support
• Compliance review

• Refund claim filing
• Follow-ups with SRB
• Documentation verification

• Filing appeals against SRB orders
• Legal representation
• Case handling

• Tax reduction strategies
• Compliance planning

• Expert advice on complex tax issues
• Interpretation of laws