SRB says it intends to work with PRA

September 26, 2012 YASIR BABBAR Keeping in view the queries of taxpayers regarding the section-4 of Punjab Sales Tax on Services Act 2012, Sindh Revenue Board (SRB) on Tuesday notified to its taxpayers that they (taxpayers) continue paying tax according to Sindh Sales Tax on Services Act 2011. SRB stated that it intends to work with the Punjab Revenue Authority (PRA) to clarify any area of overlap and ensure that taxpayers are not inconvenienced. The copy of the said notification was obtained by Business Recorder stating that: consequent on the enactment of the Punjab Sales Tax on Services Act, 2012, a number of SRB-registered service providers have raised queries regarding the obligations now imposed on them and have expressed concerns regarding double taxation on the services provided or rendered by them to the services recipients in Punjab. SRB has already taken up this matter with the FBR and the PRA and requested the status quo be maintained until any issues arising pursuant to the enactment of section-4 of the PSToS Act 2012, are clarified. Accordingly, it is notified for information of all concerned that SRB-registered services providers and withholding agents are required to act as regular they are, and also to continue to act as per provisions of Sindh Sales Tax on Services Act 2011, and the rules made thereunder in relation to services provided or rendered by them in Sindh or from Sindh and to continue to e-deposit the Sindh sales tax on origin basis against PSID/Challan in Form SST-04/SSTW-04, as the case may be, and also to e-file their tax returns in Form SST-03/SSTW-03 or as the case may be. If at any stage, pursuant to SRB negotiations with FBR and PRA, it is determined, after due scrutiny and verification by SRB, that any payment deposited by the SRB-registered service providers and withholding agents in government of Sindh's head of account "B-02384" was actually payable to PRA, such payment shall be appropriately adjusted between SRB and PIA directly. (published Daily Business Recorder)