Sindh Revenue Board Bounds Telcos to Submit Monthly Data for Region Wise Sales

The Sindh Revenue Board (SRB) has made it mandatory for the telecom operators to file monthly statement for telecom services including sales of pre-paid cards/easy loads/ top ups etc from February 1, 2016 onwards.

In this regard, the SRB has amended Sindh Sales Tax on Services Rules 2011 through a recently issued notification.

According to new rule mobile phone companies will be liable to present region-wise break up of sales of pre-paid cards/easy loads/ top ups for each all region that are: Sindh, Balochistan, Punjab, Khyber Pakhtunkhwa Islamabad Capital Territory, Gilgit & Baltistan, FATA and PATA, Azad Jammu & Kashmir.

The data will include value of sales, inclusive of FED/Service ST and amount of FED/Service ST included in this sale.

This notification shall apply for the tax period from February, 2016, onwards, it added.

Earlier, the telecom operators were not bound to file the monthly statement for telecom services. However, now the telecom companies are required to submit the specified data pertaining to the pre-paid cards/easy loads/ top ups etc from February 1, 2016.

Below is Sindh Revenue Board’s Notification:

SRB-1


  • Good indicator for revenue recovery. There are so many areas where SRB is most essentially needed as it is partner with all the mobile companies as the telecom regulatory authority. But the PTA provides a lot of research, support, lobbying, training, and unlimited supports and rights of market access to the licensed Telcos. I will be very delighted to know SRB previlege for the revenue collection to the mobile companies on their revenue. The SRB domain the REIT company previleges for SRB from land grabbing, occupation, encroachment issue is adressed.


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