Sale Tax Return Filing 5 Tips | Double check before filing of Return | FBR | IRIS

[@kashiflf]

Great person who is serving people in positive way 👍🏼

[@faheempracticallearning]

Jazak Allah

[@illusion260]

Excellent work sir , thank you for all these guided lectures with useful tips 💕

[@faheempracticallearning]

Thanks and welcome

[@darwaishbaba8184]

سر بہت زبردست. آپکا چینل اور وڈیوز بہت اچھی ہیں.

[@faheempracticallearning]

Jazak Allah

[@muhammadimran-hr9bc]

Good and easy to understandable example

[@faheempracticallearning]

Jazak Allah

[@muhammadimran-hr9bc]

Thanks for comprehensive revisions

[@faheempracticallearning]

Most welcome!

[@zafarfarhan428]

I recommend tax learners to excel in accounting cycle comprising of General journal Ledgers Year/ period end Adjustments Rectification of errors Pre closing trial balance Closing process Income statement Post closing trial balance Balance sheet Opening entries Reversing entry And Concept of books of prime entries involving control accounts. The concept of annexure F can only be guaranteed if ,as per faheem sahab too, command over book keeping is solid Otherwise in this fast changing internet enabled world survival is bleak.

[@faheempracticallearning]

Agreed

[@NawazMughal-hu2vt]

Faheem sb,please refer your lecture on fuel card for goods transporter payment

[@faheempracticallearning]

?

[@hariskhan-wo1gn]

Allah apko sehat aur lambi zindagi de (amen) one request sir kindly make video on how to deposit capital gain tax in iris portal full method cpr tk JazakAllah in advance

[@faheempracticallearning]

Ameen Sure later I Will explain

[@abdulqayum1109]

sir import value assesment ki base per Including CDAnd ACD hati hay jabka Account me purchase value actual Jo LC k through Bank se hoti hay . On me difference hota hay. Wo kise justify karayngayn.

[@faheempracticallearning]

stock booked as per GD rate and duties including clearance cost, one lecture already available on this topic named: Import product costing, pls check. 2nd the difference between LC rate and GD filing or cost booking rate is charged directly in profit and loss account name exchange gain and loss

[@AliHamza-tk9fg]

Great sir' i question is here that i still face the issue regarding 3rd scheduled goods system generate 10% etc' Do u have knowledge about that?

[@faheempracticallearning]

did you check lecture of 8B?

[@shbalouch8266]

Assalam o Alaikum Sir Great

[@faheempracticallearning]

;)

[@zeeshanmajeed6411]

Thanks sir

[@haiderali-mk3xl]

A.A. Sir ager input tax output tax se ziada ho then kia concept ho ga

[@faheempracticallearning]

10% need to pay, in some cases 5% if 3rd schedule goods then no payable

[@MSajid-in4du]

sir srb ki invocies show horhi h invoice management mai june and july ki asa q? or debit note ka issue slove hoa?

[@faheempracticallearning]

in invoice management Tax this is ledger, and ledger always shows record up to date, but in annex-C only relevant month will be appear, just for information they update and share this data in invoice management TAB

[@muhammadimran-hr9bc]

Jazzak Allah

[@bali625]

Federal Purchase data not upload in provinces Returns Please make a short video on this issue

[@faheempracticallearning]

service data added in new return, for some tax payers, backend FBR team working on this issues

[@hprodection5190]

Sir Sales tax mai Refund claim krny ki video b banay

[@faheempracticallearning]

Sure in future

[@hidayatullahafridi1496]

Sir mere 3 returns the jis me sy 2 submit ho gae or 1 submit nahi ho raha hy jis me "CALCULATION MUST BE EXECUTED BEFORE SUBMITION" error araha hy. Kia karna chaye.

[@faheempracticallearning]

press on calculation TAB, if still same issue, unsuits annex-c and submit again, it will be clear

[@hidayatullahafridi1496]

@@faheempracticallearning thnx sir submitted successfully

[@mindchanger5735]

How to file null sale tax return if there is more than one business registered on one ntn ?

[@faheempracticallearning]

Check lecture of Null return

[@farukhshakil9651]

Sir, during purchases, do we have to withheld both sales tax and applicable payment tax?

[@faheempracticallearning]

Pls check lecture of withholding sale tax

[@shbalouch8266]

Sir still purchase invoices are not shown in my annex a What can I do

[@faheempracticallearning]

did your supplier submit annex-C? check and push him for submission

[@ZeeshanAhmad-ri2rr]

Sir Point # 5 in reconciliation, Purchase in Annex-A is equal to Net Purchase Excluding (Input) in accounts, and Annex C Sales (Excluding Output) is equal to Net Sales in Accounts. Is I am right?

[@faheempracticallearning]

yes both purchase and sale should be excluding sale tax , as mentioned in recording point

[@zafarfarhan428]

Bhai I differ cuz you used the term NET SALES. This term attracts turnover tax. Besides that net sales is gross sales ( net of GST/FED extra sales tax Less Sales return as per annexure I LESS discount allowed ( in certain cases)

[@faheempracticallearning]

@@zafarfarhan428 yes agreed, we just tame example, other part we need to follow as per rules

[@QamarMickle]

Sir, Sngpl bills or service invoices shown in sale ledger but not in Annex-A. How can be import????

[@faheempracticallearning]

search in annex-a by adding their registration #

[@mmcommco4734]

Aoa.. Sir thodi si information chayhe thi hmari dec ki import abhi tak portal par upload nahi hui.. Any solution?? Kindly rply me

[@faheempracticallearning]

delete form 26 and again select from declaration, after that it will be appear

[@jawadahmad1891]

@@faheempracticallearning sir if we delete frim 26 and Again select from declaration , will the already uploaded , claimed data in Annex.C and Annex A will reappear automatically ?

[@mrhumman9100]

Salam sir I want to submit sale tax registration for AOP but error is occurring by sayin cell number not verified, I try many numbers but same error is responding plzz help what to do sir

[@faheempracticallearning]

Share error screen shot on FBR helpline

[@arifuddinq233]

Sir WHT k issues kb tk resolve ho Gaye?

[@faheempracticallearning]

Sale tax withholding?

[@arifuddinq233]

WHT statement jski date 2o Dec 2o21 they?

[@faheempracticallearning]

@@arifuddinq233 20th January 2022

[@arifuddinq233]

G sir

[@faheempracticallearning]

@@arifuddinq233 now ok

[@hackedhell]

sir how to file nill zero sales tax return for a month...plz guide

[@faheempracticallearning]

already have lecture on this topic pls channel

[@hackedhell]

@@faheempracticallearning can u plz share that video link

[@zohaibabro]

Can you please tell me how i can fetch cash purchase on Annex-a ,local purchases Bcz i do submit only Annexure-c 17% total tax but after watching your video 5 tips its seems i can pay less GST tax by minus (C-A )

[@faheempracticallearning]

check lecture of annex-A, already explained how to load purchase data, available on channel

[@zohaibabro]

I am supplier Client jo 17% gst deta hai ma direct annexure-c main dalta hon and submit karta hon , lakin purchase record nahi karta lakin ager ma purchase record karon jo cash ma hoti hai meri. Tonkr sakta hon

[@faheempracticallearning]

@@zohaibabro your sale in anne-c and your purchase in anne-a, if cash or unregistered purchase you can enter manual, check lecture on this topic

[@zohaibabro]

If on cash and i do enter data in Anex-A with standard rate 17% only, & main sales Anex-C kar k submit kar sakta hon. No input only Output tax

[@faheempracticallearning]

@@zohaibabro annex A not allowed for 17% self entry

[@arifuddinq233]

Sir degital payment k extend date kb tk k hye??

[@faheempracticallearning]

31st Jan

[@arifuddinq233]

Sir koe circular Aya hye ?

[@arifuddinq233]

Ok sir thank you,,,

[@faheempracticallearning]

Wait let check the latest updates,

[@syedarifhilal7048]

Sir, kindly make a video on where to apply ST 17% in case of Manufacturing concern.. for example: BOM = 40,000 ex. Value of ST FOH = 4,000 Profit M = 2,000 So, where to apply 17% out put tax and what will be the retail price for the Sale tax invoice? Sir, kindly make a short video... Thanks

[@faheempracticallearning]

Bill of material+Fixed and variable overhead+ profit = seling price * 17% on this price

[@faheempracticallearning]

sure in future i will explain in detail

[@syedarifhilal7048]

@@faheempracticallearning sir kindly ASP

[@CuriousMudasser]

From where i can find this below option in new Return as in Payable no 24 is only giving no option. Whether exclude from Section 8B(1), under SRO 1190(I)/2019 Yes Reason: 3rd Schedule supplies exceeds 80% of all taxable suplies

[@faheempracticallearning]

already have one lecture on this topic pls check section 8B lecture

[@CuriousMudasser]

@@faheempracticallearning so it is still not fixed for 3rd Schedule rather it is not giving me yes option at all

[@faheempracticallearning]

@@CuriousMudasser in previous return it is available?

[@CuriousMudasser]

@@faheempracticallearning in previous returns on previous portal yes it was available, now this Iris Portal no 24 only no is active yes option is not even active

[@abidmasood7320]

Sale tex return file ho rahi hae k nahi.pl guide

[@faheempracticallearning]

in some cases, it is available but my suggestion is wait till deadline this month 28th is last date

[@kevinken2576]

Oh

[@muhammadasad7715]

Faheem bhai Bismillah sahee prha krain. Ap educated hain laken Bismillah sahee nhi prhtay bhai

[@faheempracticallearning]

It is ok, any issue

[@faheempracticallearning]

May be some recording issue