Turnover Tax return as per VAT and SD Act 2012.

 

Every turnover tax registered person file Turnover Tax Return in prescribed from – Mushok 9.2 in the quarterly basis within 15 days of the end of the quarter and pay 4% on its turnover.

 

Period	Due date
Jan to March	By 15 April
April to June	By 15 July
July to Sep	By 15 Oct
Oct to Dec	By 15 Jan

Central , Unit and Voluntary Registration Requirement for VAT.

 

Central registration requirement

Supply of identical goods /Services, similar goods / services from different places and maintain books of accounts centrally can apply for central registration.

Unit registration requirement

Person engaged in the business of different types of products / services from different places is required to obtain unit registration.

Voluntary VAT Registration

Any person, making a taxable supply in the process of economic activities who are not required to be registered, may voluntarily make an application to the Commissioner for VAT registration.