KARACHI: Sindh Revenue Board (SRB) has suspended sales tax registration of M/s. Multinet Pakistan (Pvt.) Limited for defaulting tax payment and non-compliance in filing monthly sales tax return.
Multinet Pakistan, is one of the premier information and communication solution providers for leading enterprises in the region.
A notification issued by the SRB, stated that the company had failed to make payment of Sindh Sales Tax on Services pertaining to the tax period from April 2019 and also failed to e-file Sindh Sales Tax return for the same period.
The SRB said that non-payment of Sindh Sales Tax and non-filing of SST return within the time and manner prescribed under the law is contravention of aforementioned provision of the Act, 2011 and the rules made there under.
The SRB further said that the record available including the input tax claimed by the recipients of services shows that the company had charged and collected the Sindh Sales Tax amount, however, failed to deposit the same into the Sindh government head of account.
“This is serious violation of the provisions of the Act.”
“It has also been observed that the registered person has built up the habit of late deposit of tax and late filing of returns,” said a letter of suspension issued Vicky K. Dhingra, Assistant Commissioner (Unit 01), SRB.
The SRB directed the company to discharge all its sales tax liability along with default surcharge besides file the true and correct monthly Sindh sales tax return for the tax periods by June 11, 2019.
“In case of non-satisfactory response or failure to take remedial measures as suggested on or before June 11, 2019, the case would be further proceeded for cancellation of the registration with the SRB.