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Frequently Asked Questions about Single Sales Tax Return (SSTR)
How is SSTR different from the legacy returns filed with different authorities/jurisdictions?
The SSTR provides a unified platform for taxpayers to file a single return for all jurisdictions. Instead of filing multiple returns, taxpayers can now submit a single consolidated return, simplifying the process and reducing administrative burden. The SSTR includes a repository of all input and output invoices, allowing for easier tracking and reconciliation.
Will a delay in filing SSTR for one jurisdiction cause delays for all returns filed through the Single Portal?
Yes, a delay in filing any part of the SSTR can impact the overall return filing process. Therefore, it’s crucial to adhere to the specified deadlines for all jurisdictions.
How to seek an extension in filing the return if the last date of filing is different for each jurisdiction?
The Single Portal Committee, which represents all jurisdictions, will be responsible for deciding on extensions for return filing. Taxpayers can seek an extension through the designated channels within the SSTR portal.
Will return data be visible to all revenue administrations in the SSTR environment?
Data sharing and visibility among revenue administrations will depend on the implementation of inter-jurisdictional agreements and MOUs. Once these agreements are in place, data sharing will be enabled to facilitate efficient tax administration.
Will there be payment options available within the Single Portal/SSTR?
No, the SSTR portal itself will not provide direct payment options. However, it will generate Payment Slip IDs (PSIDs) that can be used to make payments through designated channels.
Will the SSTR contain all the rates of Services and Withholding applicable in different jurisdictions?
Yes, the SSTR will incorporate all the relevant service and withholding tax rates applicable in different jurisdictions, ensuring comprehensive coverage.
In case of differences or overlaps regarding procedures and policies in different jurisdictions, what will happen?
The Single Portal Committee will work to harmonize procedures and policies across all jurisdictions. This will help to minimize inconsistencies and streamline the tax filing process for taxpayers.
By addressing these frequently asked questions, the FBR aims to clarify the benefits and intricacies of the SSTR system and encourage widespread adoption.
