Who Needs to Register for Sales Tax?
In Pakistan, you generally must register for Sales Tax if:
- You are a manufacturer.
- You are an importer.
- You are a wholesaler or distributor.
- You are a retailer (above certain limits).
- You provide specific services (provincial revenue authority regulations apply, e.g., PRA, SRB).
The Registration Process (Iris)
- Log in to FBR Iris portal.
- Select Form 14(1) (Form of Registration filed voluntarily through Simplified Regime) or standard registration.
- Upload required docs:
- Electricity meter bill of premise.
- Bank account certificate.
- Pictures of business premises.
- GPS coordinates.
- Submit Biometric verification at an e-Sahulat center.
Filing Returns
Once registered, you MUST file a monthly Sales Tax Return (on the 15th/18th of every month), even if you had zero sales. Failure to file results in penalties.
Note: Always consult a tax lawyer for the latest regulations.