In response to the evolving circumstances, the Sindh Revenue Board (SRB) has announced an extension of the deadline for filing monthly sales tax returns and the associated tax payments for March 2024.
This decision aims to alleviate potential burdens on taxpayers amidst ongoing challenges. The announcement came through a notification issued by the SRB on Monday.
According to the notification, registered individuals and withholding agents in Sindh Province are now permitted to undertake the following actions:
1. E-deposit the amounts of Sindh sales tax for the tax period of March 2024 on or before Thursday, April 18, 2024.
2. E-file their tax returns for the tax period of March 2024 on or before Monday, April 22, 2024, following the prescribed procedures.
This extension provides taxpayers with additional time to ensure compliance with their tax obligations, facilitating smoother processes for both businesses and individuals. It also offers relief to those facing challenges in meeting the initial deadline.
The decision reflects the SRB’s commitment to adaptability and responsiveness in its administration of tax affairs, particularly in the face of changing circumstances. By extending the deadline, the board aims to mitigate any undue pressures on taxpayers and promote greater efficiency in tax compliance.
The extension period, ending on April 22, 2024, allows stakeholders ample time to organize their financial records, prepare accurate tax filings, and fulfill their obligations to the tax authority. It underscores the importance of timely and accurate tax reporting while recognizing the need for flexibility during challenging times.
Taxpayers are encouraged to take advantage of this extended deadline and ensure timely compliance with their tax obligations. Failure to meet the revised deadlines may result in penalties or other consequences as stipulated by tax regulations.
The SRB remains committed to facilitating smooth tax administration and supporting taxpayers in fulfilling their responsibilities. Further updates and guidance regarding tax matters in Sindh Province can be obtained from the official channels of the Sindh Revenue Board.
