Operating a business in Punjab and providing taxable services requires fulfilling your tax obligations, including timely filing of sales tax returns with the Punjab Revenue Authority (PRA). Here, we focus on various industries and their respective due dates for filing PRA sales tax returns.
Importance of Timely Filing:
Submitting your sales tax returns accurately and within the prescribed timeframe is crucial for several reasons:
- Compliance: It ensures legal compliance with the Punjab Sales Tax on Services Act, 2012, avoiding potential penalties and legal ramifications.
- Financial Health: Accurate record-keeping and timely tax payments contribute to sound financial management for your business.
- Transparency: Filing returns promptly promotes transparency and contributes to a fair and efficient tax system in Punjab.
Due Dates for Specific Industries:
Please note that the table containing specific due dates for each mentioned industry is hereunder:
| Sr. | Services | Date Of Payment | Date of Filling |
| 1 | Hotels | 15th of Every Month | 18th of Every Month |
| 2 | Clubs | 15th of Every Month | 18th of Every Month |
| 3 | Caterers | 15th of Every Month | 18th of Every Month |
| 4 | Advertisements on T.V & Radio including Cable T.v | 15th of Every Month | 18th of Every Month |
| 5 | Custom Agents | 15th of Every Month | 18th of Every Month |
| 6 | Ship Chandlers | 15th of Every Month | 18th of Every Month |
| 7 | Stevedores | 15th of Every Month | 18th of Every Month |
| 8 | Telecommunication | 21st of Every Month | 21st of Every Month |
| 9 | Insurance And Re-insurance | 15th of Every Month | 18th of Every Month |
| 10 | Banking Companies | 15th of Every Month | 18th of Every Month |
| 11 | Non-Banking Financial Institutions | 15th of Every Month | 18th of Every Month |
| 12 | Stock Brokers | 15th of Every Month | 18th of Every Month |
| 13 | Shipping Agents | 15th of Every Month | 18th of Every Month |
| 14 | Courier Services | 15th of Every Month | 18th of Every Month |
| * In case of post-paid telecom services, tax shall be paid on 21st and return filed on 21st of the second month following the tax period. | |||
By staying informed about your industry’s specific due dates and utilizing the provided resources, you can ensure timely and accurate filing of your PRA sales tax returns, contributing to a compliant and responsible business operation.
