Here is a step-by-step guide on how to file your sales tax return with the Pakistan Revenue Automation Limited (PRA) in Pakistan:
Step 1: Register with PRA If you haven’t already, you need to register with the PRA. You can do this by visiting the PRA website and following the registration process. You will need to provide your National Tax Number (NTN) and National Identity Card (NIC) number, among other information.
Step 2: Gather necessary information and documents before you begin to file your sales tax return, gather all the necessary information and documents, including invoices, sales receipts, and any other relevant documents.
Step 3: Log in to your PRA account, once you have registered with the PRA, log in to your account using your login credentials.
Step 4: File your sales tax return Go to the “Sales Tax Return” section of your PRA account and select the tax year for which you want to file your sales tax return. Fill out the sales tax return form with the required information, including your taxable sales, taxable purchases, and tax liability.
Step 5: Carefully review the information in your sales tax return before submitting it. Once you have submitted your sales tax return, you will receive a confirmation message.
Step 6: Pay your sales taxes if you owe sales taxes, you can pay them through your PRA account. Go to the “Payment” section of your account and select the tax year for which you want to pay sales taxes. Enter the amount you owe and follow the instructions to complete the payment process.
The process of filing sales tax returns with the PRA may change from time to time, so it is advisable to check the latest guidance from the FBR for the most up-to-date information.