Service Introduction
A Sales Tax Return is a periodic declaration of sales, purchases, input tax, output tax and sales tax payable submitted by a registered person.
Federal sales tax returns are filed with FBR, while businesses providing taxable services may need to file returns with the relevant provincial revenue authority.
TaxCare Solution assists registered businesses with record review, tax calculation and electronic return filing.
Who Needs This Service?
- Federal sales tax-registered businesses
- Manufacturers and importers
- Wholesalers, distributors and eligible retailers
- Registered companies and partnership firms
- Provincial sales tax-registered service providers
- Restaurants, contractors and consultants
- Businesses making taxable supplies
- Registered persons with no activity during a tax period
Required Documents
Common Documents
- Sales invoices
- Purchase invoices
- Debit and credit notes
- Import and export documents
- Bank statements
- Sales and purchase summaries
- Input and output tax details
- Withholding sales tax certificates
- Previous Sales Tax Returns
- Sales tax payment records
- Stock and inventory details
- Details of exempt or zero-rated supplies, where applicable
Additional records may be required depending on the business sector and relevant authority.
Frequently Asked Questions
What information is reported in a Sales Tax Return?
The return generally reports taxable sales, purchases, input tax, output tax and tax payable for the relevant tax period.
Does every registered person need to file a return?
A person registered under the relevant sales tax law is generally required to file the prescribed return.
Is a return required when there are no sales?
A nil return may still be required while the sales tax registration remains active.
Can input tax be claimed on every purchase?
No. Input tax depends on valid invoices, business use and the conditions of the applicable law.
Why are sales and purchase invoices important?
They support the figures reported in the return and help verify input and output tax.
Can a late Sales Tax Return be filed?
A late return may be filed subject to the applicable procedure, penalties and authority requirements.
Are federal and provincial Sales Tax Returns the same?
No. The portal, return format and requirements may differ according to the relevant authority.
Can TaxCare Solution prepare and file the return?
Yes. TaxCare Solution can review available records, calculate the tax position and assist with electronic filing.