MULTAN: The Federal Board of Revenue (FBR) has included additional questions of miscellaneous goods in sale tax return form for the taxpayers.
As per details, the format of sale tax return form has been modified to get information about the monthly sale of goods and details about monthly expenditures in order to bring more transparency in tax returns.
Now taxpayer will submit monthly sales report of goods along with their codes from the Federal Board of Revenue. Tax payers will have to mention sale of each good and purchase of goods in the tax returns forms to bring more clarity in the tax returns filed.
Due to addition of new query in the sales tax return form it become more complicated than before for the tax payers in filing sales tax returns.
