- GST-registered entities must file monthly stock returns according to FBR
- Sales tax documentation increased for manufacturers, importers, distributors, and wholesalers
- New statements Annex-J and Annex-Hl introduced for relevant taxpayers
- Annex-J for manufacturers, Annex-Hl for importers, distributors, and wholesalers
- Stock statement includes various data such as HS code, unit of measurement, and sales tax rate
- Manufacturers must provide details of goods manufactured in Annex-J
- Importers, distributors, and wholesalers must provide details of goods purchased in Annex-Hl
Source: brecorder.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.
