Hey there, business owners! Have you checked out the latest updates to the Sindh Sales Tax on Services Act? The Sindh Sales tax on Services (Amendment) Act, 2021 has brought some important changes that you definitely need to know about, as they could affect your business’s finances and operations.
First up, there’s a new term you should know about – “active taxpayer.” This refers to a registered person who’s in good standing, meaning thereby, they don’t have suspended registration or haven’t missed e-filing their returns for four consecutive tax periods. This new term aims to promote timely return filing and tackle non-compliance. So, remember to file those returns on time to avoid any trouble!
