Workshop Objectives

Alongwith understanding of general provisions of the provincial sales tax laws in Pakistan to handle day to day taxation matters of sales tax on services, now it is considered mandatory for a person dealing such matters to have updated knowledge and expertise in handling critical issues involved in sales tax on services to effectively manage the tax affairs of the organization.

Looking at the need of the time and ongoing rapid changes in provincial sales tax laws of Punjab, Sindh, KPK, ICT and Balochistan, rules and regulations. Softax arranged a full day workshop on “Sales Tax on Services Laws in Pakistan”. This day-long session is aiming at to provide a way forward to alleviate challenges assailing from sales tax on services issues and also develop requisite skills among the participants, within an interactive environment for maximum learning through discussion, deep understanding of the updated knowledge of the provincial Sales Tax Laws in Pakistan, Case studies, Apex Courts' decisions and other Internal and External Aids.

Further, the application of the specific provisions of tax statutes of Provincial sales tax laws on services is also applicable on businesses dealing in goods as being recipient of services i.e. cross boarder services, franchise services, advertisement and withholding of sales tax, etc. Henceforth, this is the time to have an interactive day-long session on services taxed under relevant provincial sales tax laws to cater these issues.

At the end of the session the participants will be able to handle issues relating to the services taxed under provincial sales tax in a professional manner.

Contents

• Introduction to Provincial Sales Tax on Services Laws.
• An overview and understanding of the important provisions of the Punjab Sales Tax on Services Act, 2012; Sindh Sales Tax on Services Act, 2011; KPK Finance Act, 2013; ICT (Tax on Services) Ordinance, 2001 and Balochistan Sales Tax on Services Act, 2015 alongwith prescribed Rules and comparison of common provisions.
• Registration requirements of the person providing / receiving services to/ from all the provinces. ü Who is liable to pay tax under the said Acts and with which Authority. (Service provider or services recipient).
• Inter-province services (Application of principles of origin and reverse charge).
• Dealing with reduced rate services.
• Input adjustment Rules and restrictions on claim of input tax on services.
• Credit and Debit Notes.
• Withholding tax on services under provincial sales tax laws.
• Time, manner and mode of payment (To whom deposit the tax).
• Record keeping requirements.
• Offences, penalties & Default Surcharge.
• All above with practical examples, case studies and APEX court's judgments.