{"id":59113,"date":"2019-12-28T10:00:47","date_gmt":"2019-12-28T10:00:47","guid":{"rendered":"https:\/\/www.zameen.com\/blog\/?p=59113"},"modified":"2020-01-28T05:11:51","modified_gmt":"2020-01-28T05:11:51","slug":"fbr-forms-committees-address-sales-tax-registration-concerns","status":"publish","type":"post","link":"https:\/\/www.zameen.com\/news\/fbr-forms-committees-address-sales-tax-registration-concerns.html","title":{"rendered":"FBR forms committees to address sales tax registration concerns"},"content":{"rendered":"<p>Karachi: The Federal Board of Revenue (FBR) has constituted several committees to decide the eligibility of the city\u2019s retailers and wholesalers for sales tax registration purposes, according to news sources.<\/p>\n<p>Regional Tax Office (RTO)-II Karachi Chief Commissioner Inland Revenue Badaruddin Ahmed Qureshi stated that the bodies consisted of both FBR officials and representatives of Karachi\u2019s trade associations. He further said that these members would provide the detailed criteria for mandatory sales tax registration for wholesalers and retailers.<\/p>\n<p>He said that a nationwide campaign would be launched to encourage retailers and wholesalers to get themselves registered with the taxation agency. Commissioner Qureshi said that the FBR would introduce simple registration forms to bring retailers into the tax net.<\/p>\n<p><strong>Read:\u00a0<\/strong><a href=\"https:\/\/www.zameen.com\/news\/fbr-consider-fining-pos-non-complying-retailers.html\" target=\"_blank\" rel=\"noopener noreferrer\">FBR to consider fining POS non-complying retailers<\/a><\/p>\n<p>In October, the FBR and the country\u2019s trading community had signed an agreement for facilitating small businesses in their business tax and declaration submissions.<\/p>\n<p><strong>Read:\u00a0<\/strong><a href=\"https:\/\/www.zameen.com\/news\/fbr-notifies-importers-regarding-new-retail-clearance-regime.html\" target=\"_blank\" rel=\"noopener noreferrer\">FBR notifies importers regarding new retail clearance regime<\/a><\/p>\n<p>The <a href=\"https:\/\/www.zameen.com\/news\/fbr-to-announce-market-committees-for-traders.html\" target=\"_blank\" rel=\"noopener noreferrer\">market committees<\/a> will also come up with solutions to resolve the business community\u2019s concerns with the tax authority. Moreover, they will assist the FBR in setting the turnover amount of retailers for tax payment purposes.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Karachi: The Federal Board of Revenue (FBR) has constituted several committees to decide the eligibility of the city\u2019s retailers and wholesalers for sales tax registration purposes, according to news sources. Regional Tax Office (RTO)-II Karachi Chief Commissioner Inland Revenue Badaruddin Ahmed Qureshi stated that the bodies consisted of both FBR officials and representatives of Karachi\u2019s trade associations. He further said that these members would provide the detailed criteria for mandatory sales tax registration for wholesalers and retailers. He said that a nationwide campaign would be launched to encourage retailers and wholesalers to get themselves registered with the taxation agency. Commissioner Qureshi said that the FBR would introduce simple registration forms to bring retailers into the tax net. Read:\u00a0FBR to consider fining POS non-complying retailers In October, the FBR and the country\u2019s trading community had signed an agreement for facilitating small businesses in their business tax and declaration submissions. Read:\u00a0FBR notifies importers regarding new retail clearance regime The market committees will also come up with solutions to resolve the business community\u2019s concerns with the tax authority. Moreover, they will assist the FBR in setting the turnover amount of retailers for tax payment purposes.<\/p>\n","protected":false},"author":75,"featured_media":22258,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[15015],"tags":[14667],"persona":[],"class_list":{"0":"post-59113","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-legal-taxation","8":"tag-details-on-fbr-forms-committees-to-address-sales-tax-registration-concerns","9":"cat-15015-id"},"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.2 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>FBR forms committees to address sales tax registration concerns - Zameen News<\/title>\n<meta name=\"description\" content=\"Karachi: The Federal Board of Revenue (FBR) has constituted several committees to decide the eligibility of the city\u2019s retailers and wholesalers for sales\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.zameen.com\/news\/fbr-forms-committees-address-sales-tax-registration-concerns.html\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"FBR forms committees to address sales tax registration concerns - Zameen News\" \/>\n<meta property=\"og:description\" content=\"Karachi: The Federal Board of Revenue (FBR) has constituted several committees to decide the eligibility of the city\u2019s retailers and wholesalers for sales\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.zameen.com\/news\/fbr-forms-committees-address-sales-tax-registration-concerns.html\" \/>\n<meta property=\"og:site_name\" content=\"Pakistan Real Estate News &amp; 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