| |
|
 |
| For business information, annual reports, laws, ordinances, regulations and articles. |
|
|
|
14. Requirement
of registration.―
(1)
The following persons engaged in making of taxable supplies in Pakistan
(including zero-rated supplies) in the course or furtherance of any taxable
activity carried on by them, if not already registered, are required to be
registered under this Act, namely:--
(i)
a manufacturer whose annual turnover from taxable supplies made in any period
during the last twelve months ending any tax period exceeds two and half million
rupees;
(ii)
a retailer whose value of supplies in any period during the last twelve months
ending any tax period exceeds twenty million rupees;
(iii)
an importer; and
(iv)
a wholesaler (including dealer) and distributor:
Provided
that buyers or importers of taxable plant and machinery who intend to make
taxable supplies in due course and wish to claim any credit or refund of tax
paid on the said plant and machinery shall also be required to be registered
under this Act.
|
|
|
|
|
|
| Home | About Us | Contact | Information Resources |