- PCDMA highlights issues with sales tax return filing due to new formats and technical glitches.
- A letter was sent to the FBR Chairman by PCDMA leaders addressing these concerns.
- Annex H1 and Annex J are identified as problematic due to ambiguities and errors.
- Annex H1 is complex and incorrectly subtracts Sales Value instead of Cost Value.
- Annex J has similar issues with reconciliation and incorrect deductions.
- Confusion exists around Unit of Measure codes and portal glitches.
- PCDMA urges FBR to consult with industry stakeholders before implementing changes.
- An extension for the sales tax return filing deadline is requested until issues are resolved.
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.