ByLearn the complete process of sales tax registration in Pakistan. Get a checklist of required documents, preparation tips, and expert advice.
Required Documents for Sales Tax Registration
Lets go through the detailed process and requirements for sales tax registration in Pakistan. Understanding the necessary documents and how to prepare them can help you avoid rejections and delays. Let’s dive into the checklist and step-by-step instructions.
Bank Account Maintenance Certificate
Obtain this certificate from your bank (e.g., Meezan, Alfalah, Allied). It must include:
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- Account title, address, and account number.
- Date since the account has been maintained.
- Account type (e.g., current or savings).
Attach the latest bank statement showing the last closing balance along with the certificate.
Electricity Meter Documents
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- Attach a clear picture of the electricity meter (snapshot with GPS tagging).
- Submit the latest electricity bill (paid or downloaded from a utility website such as LESCO or FESCO). The bill must not be older than one month.
Business Premises Pictures
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- Submit a clear photo of your business premises, including the front signboard.
- Take a GPS-tagged photo using an app like GPS Map Camera. Ensure it shows coordinates, the date, and surroundings.
- Include pictures of the inside of your premises, showcasing equipment, furniture, or any setup.
Balance Sheet
Prepare a balance sheet on your business letterhead. It should include:
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- Assets: Current (cash, bank balance, stock) and non-current (machinery, property).
- Liabilities: Current (accounts payable, accrued expenses) and non-current (long-term loans).
- Capital: Initial investment, profit/loss, and drawings.
Ensure total assets equal the sum of liabilities and capital.
Distribution Certificate (if applicable)
If registering as a distributor, attach a copy of the distribution contract or certificate. For example, if you’re a distributor for a biscuit or bread company, include relevant documentation.
How to Capture GPS-Tagged Pictures
- Use the GPS Map Camera app for photos of the electricity meter, signboard, and premises.
- The app automatically adds the coordinates, date, and other details, ensuring compliance.
- For best results, capture well-lit and clear images showing essential details.
Preparing and Submitting Your Application
- Gather all the required documents: bank certificates, utility bills, premises photos, and balance sheet.
- Ensure the documents are up to date, accurate, and clearly formatted.
- Submit your application online through the Federal Board of Revenue (FBR) portal.
Additional Support
If you need assistance with preparing GPS-tagged pictures, verifying documents, or drafting the balance sheet, professional services are available to streamline your registration process.
By following this checklist and ensuring all documents are in order, you can avoid unnecessary delays and rejection issues in sales tax registration.
