Federal Excise Duty (FED) Basics
Federal Excise Duty (FED) concepts would not only ensure that the tasks are performed easily but also in the prescribed manner.
Federal Excise Duty (FED) concepts would not only ensure that the tasks are performed easily but also in the prescribed manner.
Every person registered under the Sales Tax Act,1990, or the Federal Excise Act, 2005, is required to file a Sales Tax Return.
A Sales Tax return is the taxpayer’s document of declaration through which taxpayer not only furnishes the details of transactions during a tax period but also deposits his
Active Taxpayer List (ST) is a central record of online active Sales Tax Return filers.
Sales tax registered person must keep a record in English or Urdu of all the goods and services supplied, purchased or imported in the course of business.
Record should contain following details of goods supplied or services rendered:
Description.
Quantity.
Value.
Name and address of the