ISLAMABAD: Federal Board of Revenue (FBR) has launched a single page simplified draft income tax return form for business individuals and Association of Persons (AOPs) having annual turnover less than Rs50 million.
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Appeals against tax orders to be filed electronically from January 01
ISLAMABAD: Federal Board of Revenue (FBR) on Thursday issued draft rules for filing appeals electronically from January 01, 2021.
The FBR issued SRO 1262(I)/2020 to propose amendments in Income Tax Rules, 2002.
According to the SRO the FBR proposed amendments to rule 70 to 70O.
The draft rules are as follow:
76. Appeal to the Commissioner Inland Revenue (Appeals) on web portal: An appeal under Section 127 of the Income Tax Ordinance, 2001 shall be filed, as prescribed on Iris web portal from January 01, 2021.
76A. Date of filing of appeal: The date of appeal shall be the date on which it was filed electronically.
76B. Documents to accompany appeal: (1) the appellant shall electronically attach documents along with appeal namely:
(a) the order appealed against;
(b) notice of demand; and
(c) proof of payment of appeal fee.
(d) any other supporting document(s).
(2) the appellant shall annex an electronic index showing the documents filed under this rule.
76C. Intimation of filing of appeal to the respondent: the appeal shall also be electronically transmitted to the respondent through Iris.
76D. Filing of affidavit regarding contrary facts: Where a fact, which cannot be borne out by or is contrary to the record, is alleged, it shall be stated clearly and concisely by a duly sworn affidavit and shall have to be filed electronically with appeal and shall be produced in original before the Commissioner (Appeals).
76E. Defective appeals etc. (1) Where an appeal is not filed electronically in the manner specified in these rules, an electronic notice shall be issued within three days requiring the appellant or his authorized representative, if any to bring the appeal in conformity with the rules, within the time limitation as specified in sub-section (5) of Section 127 of the Ordinance subject to just exception under sub-section (6) of the aforesaid section and the appeal so received shall not be deemed to have been filed unless the provisions of these rules have been fully complied with.
(2) Where the appellant or his authorized representative does not meet the requirement under sub-rule (1), the matter shall be decided by the Commissioner (Appeals) through appropriate orders.
76F. Power of attorney etc., by authorized representative: Where an authorized representative has been appointed or declared as defined in Section 172 of Ordinance, such representative shall electronically attach with the appeal, the document showing his authority and his/her acceptance thereof, which shall be signed and dated by the representative and shall also specify his capacity in which he/she is acting as such. Further, this shall be produced in original before the Commissioner (Appeals).
76G. Procedure for filing and disposal of stay application: (1) On receipt of say application electronically the official authorized in this behalf shall fix the application for hearing in the following manner, namely:
(a) For application received before 01:00PM on a working day, hearing shall be fixed on the next working day; and
(b) For applications received after 01:00PM on a working day, hearing shall be fixed on the day after the next working day.
(2) Stay applications shall be disposed by the Commissioner (Appeals) electronically within seven days of fixation.
76H. Date and place of hearing of appeal and stay applications: (1) The Commissioner (Appeals) shall issue notices electronically to both the parties to the appeal informing them about the date and place of hearing of appeal or the stay application as the case may be.
(2) The Commissioner Inland Revenue (Appeals) may, where deemed necessary, require the respondent department to submit para-wise comments electronically in response to the appellant’s electronic submissions, if any, on or before the date of hearing.
76I. Hearing of Appeal or stay application: (1) On the day fixed for hearing or any other day to which the hearing is adjourned the appellant shall be heard and the Commissioner (Appeals) shall then hear the respondent against the appeal or stay application and in that case the appellant shall have a right to replay.
(2) The Commissioner Inland Revenue (Appeals) may from time to time adjourn the hearing of the appeal.
76J. Notice to be issued electronically to both parties under Sub-Section (2) of Section 129: The Commissioner Inland Revenue (Appeals) shall issue notices electronically to both parties for providing them a reasonable opportunity to present their stance in case of increase in the amount of any assessment order or decrease in the amount of any refund.
76L. Reports: (1) The Commissioner Inland Revenue (Appeals) shall submit electronically a monthly performance report as prescribed on Iris web portal by the 5th of every month.
(2) Commissioner Inland Revenue (Appeals) shall submit the stay applications disposal report as prescribed on Iris web portal by the 5th and 20th day of every month.
76M. Uploading Manual Orders/Letters Received: The Commissioner Inland Revenue (Appeals) shall make it sure that orders/decisions received from the Tribunal or Higher Courts and all other documents which have been received manually from quarters other than the appellant, are immediately uploaded in Iris in soft form with the relevant case on web portal.
76N. Electronic Order: The order passed electronically on Iris web portal shall not require any seal or signature of the Commissioner (Appeals). The date of order shall be the date as mentioned on the order generated by the system.
76O. Explanation: (1) No case pertaining to the Tax Year 2014 onwards, shall be filed manually from January 01, 2021, and the cases already filed manually before the said date shall be processed as per the SRO 279(I)/2018 dated March 05, 2018. All such cases shall be finalized as per law but not later than June 30, 2021. If any case is left out or remanded back by the Tribunal or Higher Judiciary, from the cases processed earlier manually, the Commissioner (Appeals) shall process it electronically with the effect from July 01, 2021.
(2) The cases pertaining to periods prior to the Tax Year 2014 would be processed as per SRO 279(1)/2018 dated March 05, 2018.
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Volunteer helps FBR in broadening of tax base
The Federal Board of Revenue (FBR) is actively pursuing its mission to raise awareness about tax compliance and encourage citizens to fulfill their national duty by paying taxes and making accurate declarations of their income and assets.
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Procedure to get exemption certificate for imported goods
ISLAMABAD – The Federal Board of Revenue (FBR) has established a clear procedure for taxpayers to obtain exemption certificates for the exemption from advance income tax on imported goods.
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Return filing may reach 6.5 million if NTN holders make compliance
ISLAMABAD: The number of return filers may reach near 6.5 million if persons obtained National Tax Number (NTN) make compliance.
According to the Federal Board of Revenue (FBR) more than 3.5 million are those NTN holders are not filing income tax return.
Under Section 114 of Income Tax Ordinance, 2001 the filing of income tax return is mandatory for person whom the NTN is issued.
The existing income tax return filing is around 3 million for tax year 2019.
The FBR has launched a campaign to aware persons about their obligation. The revenue board also warned people of penal action in case remained non-compliant beyond the deadline for filing tax return for tax year 2020.
The last date for filing income tax return is December 08, 2020 and FBR has made it clear that no further extension will be granted beyond this date.
The FBR said that it had obtained information of various undeclared transactions from withholding agents and through third party.
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FBR exempts sales tax on medical goods for COVID prevention, treatment
ISLAMABAD: Federal Board of Revenue (FBR) on Wednesday exempted whole of sales tax on import of medical instruments and equipments for prevention and treatment of COVID pandemic.
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FBR cuts staff strength to half on coronavirus resurgence
ISLAMABAD: Federal Board of Revenue (FBR) on Monday directed all the tax offices to cut the staff (BS-1 to BS-15) by 50 percent with immediate effect in the wake of resurgence of coronavirus.
In a circular issued by the FBR, stated that due to resurgence of COVID-19 and keeping in view the NCOC decision, the directions/instructions to reduce the staff strength (BS-1 to BS-15) by 50 percent is required to be implemented with immediate effect.
“It is once again advised to reduce the staff strength within the available human resource limit (BS-1 to BS-15) by 50 percent on fortnightly rotation basis with effect from November 24, 2020, and to strictly follow all other instructions issued vide FBR Circular dated November 11, 2020.”
The competent authority has desired that instructions/orders in this regard must be issued by respective Members/Chiefs FBR (HQ) immediately and copy of the same must be shared by 12:00pm on Tuesday November 24, 2020.
Earlier, the FBR issued detailed SOPs for all the field offices for strictly compliance, which included:
i. FBR (HQ) and all its field formations are advised to reduce the staff strength (BS-1 to BS-15) by 50 percent on fortnightly rotation basis with effect as per the following plan:
a. Anyone suffering from flue and fever may remain off but to be available in respective stations and on cell phone.
b. All Members / Chiefs FBR (HQ) and heads of all field formations are advised to decide about rotation of their offices, prepare the list (duty/off) of officials (BS-1 to BS-15).
ii. Any employee who has symptoms of COVID-19 i.e. fever, cough, shortness of breath should get himself/herself tested immediately and report to the Admin Wing of FBR (HQ) of Headquarters of their respective field formations to be allowed to stay isolated till he/she is tested negative.
iii. The employees are also directed to wear face masks during office hours, avoid hand-shakes, hugs and maintain social distance as per standard SOPs.
iv. Employees above 50 years of age may be allowed to work from their homes except those employees whose presence is unavoidable for smooth functioning of the official business. Heads of all field formations area advised to take decision in this regard, accordingly. Field offices are further advised to allow female staff (mother of children) to work from their homes.
v. it is advised that all those employees who are suffering from flu, fever or carrying medical history of frequent chest infections, asthma, cardiac related problems or any other major disease shall be allowed to work from their homes. Moreover, reception staff will monitor everyone who enters office premises with the help of infrared thermal thermometers.
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Duty exempted on import of medical equipments for prevention, treatment of COVID
ISLAMABAD: Federal Board of Revenue (FBR) on Monday exempted customs duty, regulatory duty and additional customs duty on import of medical instruments and equipments for prevention and treatment of COVID pandemic.
The FBR issued SRO 1251(I)/2020 dated November 23, 2020 to exempt whole of customs duty, regulatory duty and additional customs duty on import of around 61 items. The exemption has been granted on import of such goods with effect from October 04, 2020 to June 30, 2021.
Following goods are exempted from customs duty, regulatory duty and additional customs duty:
01. Real-time PCR system (standard 96-well plate and 0.2ml tubes format, 5 channel)
02. Biosafety cabinet
03. Auto Clave 50 liter capacity
04. Multi channel pipette (0.5 – 10 ul)
05. Single channel pipette
06. Multi channel pipette 20-200 ml
07. Vacuum fold
08. Micro Centrifuge (Non-refrigerated, Rotor capacity 12X 1.5/2.0ml vessles, 2XPCR strip, Max. Speed: 12, 100 x g (13,400 rpm)
09. PCR cabinet (HEPA filter system, UV and white light)
10. Real-time PCR kit for the detection of Coronavirus (SARS-CoV-2)
11. Viral RNA Extraction Kit and machine (Automatic Extractor)
12. VTM (Viral Transport Medium)
13. Dr Oligo Synthesizer
14. Refrigrator/freezer (-20C)
15. Vortex Machine
16. Refrigerated Centrifuge Machine (Rotor capacity 1.5ml x 24, max. speed 14000 rpm)
17. UPS (6 KVA)
18. Tyvek Suits
19. N-95
20. Biohazard bags (18 liters)
21. PAPR (Powdered Air Purifying respirators)
22. Multimode ventilator with air compressor
23. Vital sign monitor with 21BP and ETco2 two Temp.
24. ICU motorized patient bed with side cabinet and over bed table
25. Syringe infusion pump
26. Infusion pump
27. Electric suction machine
28. Defibrillator
29. X-Ray Mobile Machine
30. Simple Nebulizer
31. Ultrasound machine
32. Noninvasive BIPAP
33. ECG Machine
34. Pulse Oximeters
35. Ripple Mattress
36. Blood gas analyzer
37. AMBU Bag
38. Nitrile Gloves
39. Latex Gloves
40. Goggles
41. Face Shields
42. Gum Boots
43. Mackintosh bed sheets
44. Surgical Masks
45. Air Ways
46. Diaflow
47. Disposable Nebulizer Mask Kit
48. ECG Electrodes
49. ETT Tube (Endotracheal Tubes) All sizes
50. Humidifier Disposable Flexible
51. IV Cannula all sizes
52. IV Chambers
53. Oxygen Recovery Kit
54. Padded Sheets
55. Stomach Tube
56. Stylet for Endotracheal Tube
57. Suction Tube control valve
58. Tracheostomy Tube 7, 7.5, 8
59. Ventilator Circuit
60. Ventury Masks
61. Disposable shoes over (water proof)
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Phone SMS included as mode of service for tax notices
ISLAMABAD: Federal Board of Revenue (FBR) expanded the scope of service tax notices and included mobile phone SMS as valid service of documents.
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Transit trade activity starts at Gwadar Port
ISLAMABAD: A first carrier containing 200 tons of fish from international waters arrived at Gwadar. The fish will be shipped to China in reefer containers, said Federal Board of Revenue (FBR) on Monday.
According to the FBR statement the arrival of the container at the Gwadar Port will open a new era of prosperity and growth for the people of Baluchistan and the economy of the country.
This has been made possible under the directions of the Prime Minister of Pakistan to kick start operations at the Gwadar Port.
Pakistan Customs is all geared up to realize the vision of the Prime Minister Imran Khan for transforming Gwadar into an International Transit trade Hub and facilitate trade through Gwadar Port.
FBR has already notified International Transshipment Rules vide SRO 218(I)/2020 dated 10.03.2020. A dedicated Directorate of Transit Trade has also been established at Gwadar to work closely with the stakeholders and transform Gwadar into a Transit trade hub.
As a result of this proactive approach and support of all stakeholders, in the coming days, more vessels containing international cargo including LPG, Steel Pipes, DAP fertilizer for transit to Afghanistan is scheduled to arrive at Gwadar Port.
This reflects the confidence of the international business community and shipping lines in the economic potential of the Port and excellent trade facilitation measures put in place by Pakistan Customs.
Gwadar is the future of Pakistan and will help the country in earning much needed foreign exchange in the future.
During the recent visit of a high level Pakistani delegation to Afghanistan led by Advisor on Commerce, the Afghan businessmen have shown interest in making investment for trade through Gwadar Port.