Umair A R Mughal

If you haven’t yet registered an NTN or CNIC with FBR, IRIS lets you self-register before logging in for the first time and filing a return. This is the registration wizard — separate from actually logging in and filing your first return — and includes the extended profile (property, business, bank account details) you’ll fill … Read more

Reporting Exports Through Annex-D If your business has any exports, you will find reporting them in Annex-D of your Sales Tax Return. Exports are generally zero-rated for Sales Tax, but must still be declared which Annex-D collates from your export Goods Declarations (GDs) – the same customs documentation (import GDs) used for imports via Annex-B, … Read more

Claiming Input Tax on Imports Through Annex-B If your business imports goods, the Sales Tax you paid at import stage is claimed as input tax through Annex-B of your Sales Tax Return – separate from Annex-A, which covers domestic purchases. Annex-B works off your Goods Declarations (GDs) rather than supplier invoices, since imported goods are … Read more

What a Null Sales Tax Return Is A business needs to file a return even if they haven’t been engaging in any taxable activities such as sales/purchases for a given period. To do this, it can use a Null Sales Tax and Federal Excise Return form which states that nothing needs to be declared for … Read more

Why bulk import of Sales Invoices matters If your business writes more than a couple of sales invoices per month, entering them manually in IRIS is slow. FBR provides an Excel template to bulk-upload Sales Tax invoice data into IRIS which includes a built-in “Validate” function for catching errors offline before they are even uploaded … Read more

Why Your Sales Tax Return Shows an Unexpected Figure If you’ve noticed an amount showing under ST-Return Clause 7a on a Sales Tax Return that you didn’t expect to see, it’s unlikely to be due to errors in your own Sales Tax Return. It means one of your buyers or suppliers haven’t submitted their Sales … Read more

Three Numbers That Confuse Almost Every Filer On the Data tab of your Sales Tax Return, you will see three separate sections – Sales Tax Credit, Sales Tax Debit, and Payable, each with their own Calculate button. They all sound similar, but they are three different things, and a common source of confusion when filing. … Read more

Where Purchase Invoices are Managed in IRIS IRIS’s Invoice Management module allows you to record and maintain purchase invoice information throughout the financial year, for both STWH withholding and non-withholding purchase invoices, either from registered or unregistered sellers. You don’t need to have an open Sales Tax return in order to add a purchase invoice … Read more

Why Sales Tax Returns Have So Many Annexures A Sales Tax Return is typically not just one form in IRIS but consists of the main return + set of annexures, each pertaining to particular operations and/or sales tax transactions. The annexures are not mandatory, depending on what a taxpayer does – which sales tax transactions … Read more

Where Sales Tax Return Filing Happens in IRIS Sales Tax registered taxpayers file their monthly Sales Tax and Federal Excise Return directly through IRIS. Go to the “Declaration” option from the IRIS mega menu, and click “26(1) (Sales Tax and Federal Excise Return filed voluntarily).” This replaces the year-wise sales tax return option in the … Read more