SRB suspends sales tax registration of logistic company for short payment

KARACHI: Sindh Revenue Board (SRB) on Thursday suspended sales tax registration of a logistic company for depositing short payment.

According to a notice the SRB suspended the sales tax registration of M/s. AY Logistics for depositing short paid amount of Rs1,074,212 pertaining to tax periods September 2017 to July 2018.

The SRB said that non-payment of sales tax on services and null filing of returns even if one is providing taxable services is contravention of Sindh Sales Tax Act, 2011 and the rules made thereunder.

Record available shows that M/s. Opneport Pakistan (Pvt) Limited and M/s. Agility Logistic (Pvt) Limited have declared purchases of Rs12,874,183 from M/s. AY Logistics during September 2017 to July 2018, however, M/s. AY Logistics have declared sales of Rs1,105,000 during November 2018 with SRB leading to sales suppression of Rs11,769,183 and short payment of sales tax on services of Rs1,074,212.

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This is serious violation of provincial sales tax laws, the SRB added.
The SRB directed the taxpayer to comply the notice by February 22, 2019 and take action, included:

To declare all sales and discharge all Sindh sales tax dues along with default surcharge

To e-file the true and correct monthly sales tax returns for the tax periods.

Submit details of all sales and purchases record for the tax periods with copies of income tax returns of 2016/2017 and 2017/2018 and copies of sales tax returns file with other provincial sales tax authorities.

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