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Showing posts with the label how to become filer

Mobile Devices Regularization – DIRBS

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Device Identification and Blocking System (DIRBS) is a program designed to identify compatible devices running on local mobile networks. It automatically registers compatible devices running on cellular networks and ultimately blocks incompatible devices. DIRBS introduced w.e.f. December 1st, 2018. International travelers and importers are requested to view the following information to confirm the proper registration process for mobile devices. (i) S.R.O No. 50(I)/2019 and 51(I)/2019 (ii)   Customs General Order No. 10 of 2019   &   Customs General Order No. 1 of 2019 (iii) Frequently Asked Questions (FAQs) – Updated with latest Rate of Duty and Taxes on Mobile Phones For further information on the matter kindly visit: Device Verification System – PTA or contact us . Moreover, if you want to calculate your income tax, you can use Tax Calculator and for more information, please website. Also Read: How ...

How to Register for Customs

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The person should get to register himself with Federal Board of Revenue first in order to get access of online Custom’s portal ‘ WeBOC ’. APPLICATION FORM FOR REGISTRATION / WeBOC USER ID ISSUANCE (To be submitted in the User ID Section of Collectorate having jurisdiction) Th e WeBOC form can be downloaded from: external user registration form Registration Procedure : Submit the application to the Deputy / Assistant Collector of the BOC User-ID Section, with supporting / required documentation Appearance of the applicant before the Deputy / Collector User Class Section ID via the original CNIC. The process of taking a digital photo and thumbing of the applicant for his or her appearance. Visiting business premises (wherever required) Acceptance / Refusal of request. User ID creation when the request is received Login-ID Issue and Automatic Sending of Password generated by Computer to Applicant by Email. For more information, please  vi...

SALES TAX REFUND

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If the filing tax payable by a registrant on a tax-exempt transaction made exceeds the amount of tax due to local non-tax provision or export made during that tax period, the estimated value of the input tax shall be returned to the registrant not later than forty-five days of filing a claim for tax refund and thus subject to the conditions. prescribed by the board, by notice in the official Gazette. PERSONS THAT CAN CLAIM REFUND : The following registered persons may claim the refund of sales tax paid as input tax: Registered manufacturer- cum-exporters and commercial exporters rate the whole or a portion of their supply in accordance with Section 4 of the Act. Registered persons who receive taxable inputs in the manufacture of goods that are taxable at the rate of zero per cent of the law or in the notification issued there. People who are registered to pay back an additional input tax that cannot be consumed within three months. Registered persons receiving taxable inputs ...

FEDERAL EXCISE DUTY (FED) BASICS

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A basic understanding of Federal Excise Duty (FED) concepts would not only ensure that the tasks are performed easily but also in the prescribed manner. ADJUSTMENT deduction of amount of duty paid on goods used in the manufacture or production of other goods from the amount of duty payable on such other goods in the prescribed manner DISTRIBUTOR a person appointed by a manufacturer in or for a specified area to purchase goods from him for sale to a wholesale dealer in that area; DUE DATE in relation to furnishing a return under section 4, means the 15th day of the month following the end of the month, or such other date as the Board may, by notification in the official Gazette, specify and different dates may be specified for furnishing of different parts or annexures of the return. DUTIABLE GOODS all excisable goods specified in the First Schedule except those which are exempt under section 16 of the Act; DUTIABLE SUPPLY a supply of dutiable goods made by a manuf...

Income Tax Appeal

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Right to Appeal : Many complaints arise as a result of disagreements between taxpayers and taxpayers (the Inland Treasury) regarding the deduction of income and taxes owed and the overpayment of taxes, penalties, etc. To resolve such disputes, the law sets out a procedure, which gives taxpayers the right to file a complaint before the Commissioner (cases) and if they are not satisfied, another right to file a complaint before the state Court of Appeals and Supreme Court. Persons Eligible to Appeal : Any person who is not satisfied with any order passed by the Commissioner / Officer Inland Revenue has the right to appeal. If man, man himself; in the case of a Personal Organization (AOP), any partner or member of the organization; and in the case of a company the chief executive officer. In the case of the deceased, represent the deceased legally; and in the case of a legally disabled person or a non-abusive person, his or her “representative”. ...