- The Federal Board of Revenue (FBR) has issued a set of required supportive documents for sales tax refunds during the tax year 2024.
- Rule 38 outlines the essential documents necessary for claiming sales tax refunds.
- Claimants must provide input tax invoices or goods declarations for imports, output tax invoices and summary for local zero-rated goods, goods declaration for export, verification documents for goods exported, and any other necessary statements.
- Commercial exporters have additional requirements, including a bank credit advice and a copy of the duty drawback order.
- Refund claims filed under section 66 of the Sales Tax Act require an application indicating the claimant’s information, invoices related to the goods, proof of payment of input tax, and a copy of the relevant order.
- Diplomats, diplomatic missions, and privileged persons and organizations have specific document requirements, including an original exemption order or certificate and an original sales tax invoice.
- The FBR aims to streamline the sales tax refund process and ensure transparency and efficiency.
Source: pkrevenue.com
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
