Sales Tax Act, 1990 - Session I

About the Webinar
By virtue of the Finance Ordinance, 1990, the Sales Tax Act, 1951 has been completely substituted by a new Act known as Sales Tax (Amendment) Act, 1990. This complete change has been made in order to update the Act so that it should be able to meet country’s economy. Moreover, Government has tried to simplify the rules regarding sales tax for the benefit of assessees and collection authorities. The 16 chapters of repealed act have now been replaced by 10 new chapters.
Contents
Important Definitions
Scope of Tax
Zero Ratings
Determination of Tax Liability
Tax Credit not Allowed
Adjustable Input Tax
Debit and Credit Note
Refund of Input Tax
Assessment of Tax and Recovery of Tax not Levied or Short Levied or Erroneously Refunded
Registration and Deregistration
Active Taxpayer List
Records
Miscellaneous

[@noumankhilji3822]

ACCA Pakistan and Dear Sir Yawar ap bht acha samjha rhe hein, bht help mil rhi ha Act ko understand krne me.
Salute to you Sir.
Allah apko iska ajar de. Thank you so much.

[@adeelahsan2918]

Good work ACCA...

[@walidamaan4099]

I could not understand the examples in excel. The thing that made me confuse was, the margin and input tax. Which led to the complete confusion.
9200 + 1564 + 1800 = 12564

[@hands.talkhere]

What is the name of this lecturer?? He is so good at delivering lecture Mashaallah

[@farooqtahir538]

You dont need these kinds of webinars if ACCA has made some efforts on taxation paper of Pakistan variant.Unfortunately ACCA have no scope in Pakistan.

[@muhammadwaqar4587]

If a supplier is filler but unregistered with sales tax.
How much sales is to be deducted from bill if supply made to Govt office.

[@osamasaid3795]

Kindly share all the session of sales tax act 1990 plzz..

[@EducationMentor109]

Section 3
AGR non registered person ko sale krty hn to 17% or further 2% additional tax lgega ya 3% sir?

[@muhammadihsan8860]

AOA . GOOD VIDEO BUT QUESTION IN MY MIND.For Example, i m manufacturer. how can I nill my GST and Income Tax in Electricity Bill.

[@osamasaid3795]

Kindly plz share all the 4 session of sales tax act 1990 plz sir if you have.

[@engrhussain202]

Sir, also share other sessions

[@AnamFbr]

In sir ka koi new lecture nahi he

[@glamourfantasy]

Assessment of tax and levy erroneously. ...es sawal ko explain kijye plz

[@adeelahsan2918]

Hi ACCA... I need other video's... Plz share link

[@murtazamari8650]

Anybody have pdf notes for this??

[@glamourfantasy]

Short levied. Or erroneously refund.....plz explain it

[@omershah6467]

Short Levied: Tax imposition for a particular time period by notice on a registered person to make him realize about his mistake in filling returns.
Erroneously refund: Since someone had filled his/her return and he/she has made a tax liability in his income tax payment challan but mistakenly in the records of FBR that person had a refund of tax according to government. So its a common mistake of refund or payable by FBR sometimes.

[@qadirrajput]

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