Sales Tax Instructions

Sales Tax Instructions, 2009
Who are exempt from registering?
All those manufacturers, whose gross annual supply of taxable goods is less than the
―Sales Tax Registration Threshold‖ as announced in the budget, are exempt from
registering. However, if there annual supply of goods is less than in the Sales Tax
Registration Threshold, they shall have to enroll themselves with the relevant
Collectorate of sales tax. They shall be paying a turnover tax on six monthly basis as
announced in the budget.
Who has to register for Sales Tax ?
The following categories of business persons shall have to register themselves as a
registered person at the relevant collectorate of Sales Tax:-
-- All those manufacturers whose gross supplies of taxable goods are in
excess of the Sales Tax Registration Threshold.
-- The above manufacturers include those manufacturing for exports as
exports are taxable supplies @ zero %.
-- All the commercial exporters who want to claim the refund of tax as
result of the zero-rated export of goods.
When must I register ?
As soon as you calculate that your gross supplies for a year is likely to exceed the
threshold, you must apply for registration. For this purpose, a year means any continuous
twelve months.
How do I register?
Please do one of the following:-
-- telephone the local collectorate headquarters and ask for the registration
pack.
-- Visit the local taxpayer Information Center and tell the officer what you
desire to know.
You would be asks your name, your address for correspondence, your type of business,
and some other basic questions on phone. Within a few working days you would receive
the registration pack. The registration pack contains the following documents:-
-- Application for Registration along with instructions to fill in the form
(Specimen printed at the end of this publication).
-- Filling in your Return-cum-Challan From.
-- Keeping Records & Accounts.
What if I am already registered?
You are not liable to register again if you are already registered. However, your
Collectorate would send you in some weeks the registration pack containing the above
documents requesting you to fill in the new form so that you are allocated the new
Taxpayer Identification Number (TIN).