- Karachi Chamber of Commerce and Industry (KCCI) has highlighted technical errors affecting sales tax return filings.
- KCCI President Iftikhar Ahmed Sheikh has called on the Federal Board of Revenue (FBR) to rectify these glitches.
- The errors have been causing problems for filers for the past three months.
- The root cause is restrictions introduced through Sales Tax General Order (SGTO) 13 of 2022.
- The restrictions limit the inclusion of Harmonized System (HS) Codes in sales tax returns.
- The system erroneously claims that the HS code does not exist, causing a backlog in filings.
- KCCI requests that penalties should not be imposed on filers due to these technical errors.
- Failure to file four consecutive returns could result in blacklisting of companies.
- KCCI urges FBR to take prompt action to resolve the technical errors and ensure smooth tax filing process.
Source: pkrevenue.com
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
