Karachi, June 15, 2024 – The Sindh Revenue Board (SRB) has announced an extension for the filing of sales tax returns for the month of May 2024.
In a circular released today, the SRB confirmed that the new deadline for filing sales tax returns has been extended to June 24, 2024. This extension aims to provide relief and convenience to taxpayers across the province.
The SRB stated that taxpayers now have additional time to comply with their tax obligations without facing penalties. Specifically, the extension allows for the e-deposit of the Sindh sales tax for the tax period of May 2024 to be made by Friday, June 21, 2024. This move ensures that businesses and individuals can manage their finances more effectively and avoid the rush typically associated with approaching deadlines.
Furthermore, the circular highlighted that the e-filing of tax returns for May 2024 can be completed by Monday, June 24, 2024. This step is part of the SRB’s ongoing efforts to streamline the tax process and enhance the ease of doing business in Sindh. By providing a more flexible timeline, the SRB hopes to encourage greater compliance and reduce the burden on taxpayers.
The decision has been welcomed by various business communities and tax professionals, who have often advocated for more flexible deadlines to accommodate the diverse challenges faced by taxpayers. Many see this extension as a positive indication of the SRB’s responsiveness to the needs of taxpayers and its commitment to fostering a more taxpayer-friendly environment.
Taxpayers are encouraged to take advantage of the extended deadline and ensure that their sales tax payments and returns are submitted promptly. The SRB also reminded taxpayers to use the online facilities available for e-depositing and e-filing to expedite the process and minimize physical interactions, especially considering the ongoing health and safety concerns.
This extension reflects the SRB’s dedication to supporting the economic activities in Sindh and ensuring that tax compliance is as smooth and efficient as possible. Taxpayers with any queries or requiring assistance are advised to contact the SRB’s helpdesk or visit their official website for further information.
The SRB’s decision is expected to provide significant relief to the business community, allowing them to focus on their operations while ensuring compliance with tax regulations.