Wafaqi Budget 2021 | Federal Budget | Government Budget 2021 | 250000000 Prize Scheme | PM Imran Khan
PERSONS TO BE REGISTERED FOR SALES TAX
a. All
importers
b. All
wholesalers (including dealers) and distributors
c. Manufacturers
not falling in cottage industry. {Cottage industry means a manufacturer whose
annual turnover from taxable supplies made in any tax period during the last
twelve months ending any tax period does not exceed [ten] million rupees or
whose annual utility (electricity, gas and telephone) bills during the last
twelve months ending any tax period do not exceed [eight] hundred thousand
rupees;}
d. Retailers
(Tier-1 retailers means:
a. A
retailer operating as a unit of a national or international chain of stores;
b. A
retailer operating in an air-conditioned shopping mall, plaza or centre,
excluding kiosks;
c. A
retailer whose cumulative electricity bill during the immediately preceding
twelve consecutive months exceeds Rupees six hundred thousand; and
d. A
wholesaler-cum-retailer, engaged in bulk import and supply of consumer goods on
wholesale basis to the retailers as well as on retail basis to the general body
of the consumers;)
e. A
person required under any Provincial or Federal Law to be registered for
purpose of any duty or tax collected or paid as if it were a levy of sales tax,
e.g. service providers like hotels, clubs, caterers, customs agents, ship
chandlers, stevedores, courier services etc.
f. Persons
making zero-rated supplies, including commercial exporter who intends to obtain
sales tax refund against his zero rated supplies.
g. A
person who is required to be registered by virtue of aforesaid criteria, but
still avoids registration, can be compulsorily registered by the department,
after proper enquiry, under sub- rule 1 of Rule 6 of Sales Tax Rules, 2006.
Wafaqi Budget 2021 | Federal Budget | Government Budget 2021 | 25000000 Prize Scheme
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