FBR Forms Committee to Help Taxpayers Submit Sales Tax Returns

FBR Forms Committee to Help Taxpayers Submit Sales Tax Returns

Islamabad: As per news published on 25-10-2023, the Federal Board of Revenue (FBR) has formed a committee to help taxpayers submit their sales tax returns.

Read More: FBR Plans to Audit Real Estate Filers to Catch Tax Evader

According to the official sources, the management of FBR has put together a specialized committee of eight members. The formed body will be further divided into three teams that will look after various inconveniences of taxpayers. The 1st team was led by Sher Salim Tariq, Dr Nasir Khan, and Aamir Amin Bhatti. It will concentrate on creating and deploying a single portal sales tax return filing system for the telecom industry by October 31.

Read More: FBR to Charge Inactive Taxpayers with 4% Additional Tax

Under the leadership of Zainul Abidin Sahi, the committee will expand this system to include all industries by May 31, 2024, in the second phase. This action is in reaction to the government’s attempts to assist taxpayers, particularly those who missed the first deadline of September 30. They have planned to accommodate these tax filers by extending the date till October 31. This extension will provide taxpayers more time to meet their commitments and avoid fines or legal repercussions.
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