Accounting and Sale Tax Treatment | Recording of Third Schedule Items | FBR | Sale tax Act 1990

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  • Опубликовано: 9 ноя 2024

Комментарии • 81

  • @osamashaikh7479
    @osamashaikh7479 2 года назад +1

    Sir apne tou dil Khush kardia bohat hi behtareen video ha ye

  • @muhammadimran-hr9bc
    @muhammadimran-hr9bc 3 года назад +1

    Excellent learning solution

  • @m.kashifadvocate6134
    @m.kashifadvocate6134 2 года назад +1

    jazakAllah

  • @zohaibhabib1840
    @zohaibhabib1840 2 года назад +1

    MaShaAllah ❤

  • @mianwajahatali9953
    @mianwajahatali9953 3 года назад +1

    Behtreen sir

  • @kharedosubkuch6313
    @kharedosubkuch6313 3 года назад +1

    Highly Appreciated ☺️

  • @khandad1597
    @khandad1597 Месяц назад

    Aik whole seller sale tax main March 2024 ko register huwa hai ( whole seller belong to exmept area) kia wo by law 2023 .,2022, and 2021 ka be sale tax return submit kary ga

  • @candyshandyy
    @candyshandyy 3 года назад +1

    Please make Playlists in your channel. Will be easier for viewer to find relevant content.

  • @sunnyjutt1835
    @sunnyjutt1835 3 года назад

    Great

  • @iqrarauf6409
    @iqrarauf6409 3 года назад +1

    Sir kindly guide ker dein aap nay bataya k sirf manufacturer nay tax pay kerna hai in case of third schedule items but sec 8 mein aik sub section hai jo kehta hai k input tax will be adjusted only to the extent of 90% of output tax baqi input tax carried forward ho jaay ga toh is provision k according toh wholeseller ky 10% liability nikal aay gy?

    • @faheempracticallearning
      @faheempracticallearning  3 года назад +1

      For third schedule items this condition not applicable. If all sale is only 3rd schedule items

    • @iqrarauf6409
      @iqrarauf6409 3 года назад +1

      @@faheempracticallearning sir can you please quote relevant provision?

    • @faheempracticallearning
      @faheempracticallearning  3 года назад

      @@iqrarauf6409 check SRO 647

    • @iqrarauf6409
      @iqrarauf6409 3 года назад +1

      @@faheempracticallearning Thankyou sir your lectures are really very helpful.

    • @faheempracticallearning
      @faheempracticallearning  3 года назад

      @@iqrarauf6409 Jazak Allah

  • @muddassirmahar9988
    @muddassirmahar9988 2 года назад +1

    Kindly clear next step how to fill Annex-F with same examples.

  • @MSDrive-rt8yn
    @MSDrive-rt8yn 5 месяцев назад

    I Have simple question related to 3rd schedule items purchase and sale ,when we purchase 3rd Schedule item in annexure A Total Fixed value is reported (Included GST )by system automaticly and when we sale it what sale value we should report

  • @abidnisarkhankhattak
    @abidnisarkhankhattak 3 года назад +1

    Sir Pakistan single window per b video bnti ha

  • @AhmadKhayyam
    @AhmadKhayyam 3 года назад +1

    Sir 3rd schedule items ki annex C mn working pr video banain plz

  • @madhwanisooraj1004
    @madhwanisooraj1004 3 года назад +1

    Thanks sir.

  • @DanialMalik-j4f
    @DanialMalik-j4f Год назад

    Hello Sir! In case product price has drastically increased in the market and now the product is selling above MRP. Than how will be the sales tax accounting double entry for sales above MRP

  • @syedarifhilal7048
    @syedarifhilal7048 3 года назад +1

    Sir, kindly make video on 10% pay on output, and 90% adjustment ... thanks

  • @DanialMalik-j4f
    @DanialMalik-j4f Год назад

    As in recent time companies has increased prices upto 40% in our electronics category

  • @bali625
    @bali625 3 года назад +1

    And also video on sales tax on service input and output tax

  • @Asadfoursix
    @Asadfoursix 3 года назад +1

    Hi, thanks for the tutorial,
    Please explain, will there be any output tax for distributor of the Cola cola company? Or we just have to submitt the return by adjusting input/output having zero tax liability?
    Regards,

    • @faheempracticallearning
      @faheempracticallearning  3 года назад +1

      Same mentioned in lecture in 3rd schedule no payment of sale tax. Just to report data in monthly sale tax return. Zero payment

    • @faheempracticallearning
      @faheempracticallearning  3 года назад +1

      Beverage includes FED also, in future I will upload lectures on this

    • @Asadfoursix
      @Asadfoursix 3 года назад +1

      Thats great, thanks for the guidance & quick reply Sir, Allah bless you with good health & wealth.
      Regards, ❤️

    • @faheempracticallearning
      @faheempracticallearning  3 года назад

      @@Asadfoursix Jazak Allah. Ameen

  • @akhtarali7700
    @akhtarali7700 Год назад +1

    Assalam o Alaikum Sir, I am Akhtar Ali, I have a 3rd schedule invoice of lubricants, MRP & Value ex sale tax are sam in Annex A, How can I record it in annex C, please guide me.

  • @shehzadshah6844
    @shehzadshah6844 2 месяца назад

    kendly sir guide how to file sales tax return against retail goods by the retailer

  • @AhmadKhayyam
    @AhmadKhayyam 3 года назад +1

    Many Thanks, Sir Excel pr Annex C ki making pr b video banain.

    • @faheempracticallearning
      @faheempracticallearning  3 года назад

      Actually this technical part covered in paid classes.

    • @AhmadKhayyam
      @AhmadKhayyam 3 года назад +1

      @@faheempracticallearning ok plz let me know how can i pay for ur online classes

    • @faheempracticallearning
      @faheempracticallearning  3 года назад

      @@AhmadKhayyam 03007574731 whatsapp on this number for details

  • @nadeemhussain8905
    @nadeemhussain8905 2 года назад +1

    Salam sir
    (8b active nahi ho raha or late return mein active nahi hay third schdule items hain )( old version mein active tha or late return mein de active tha.)

    • @faheempracticallearning
      @faheempracticallearning  2 года назад

      take screen shot and share email with FBR, they will update, take screen shot of both new and old portal

  • @dansunchi
    @dansunchi Год назад +1

    Dear Mehboob sahib, I am facing one issue in filing the return of 3rd schedule items. HS code for my goods is 1905, I mention my sale in excel sheet column gross value without GST and then GST 18% and then fixed retail price. The system took the amount of purchase from the supplier from the fix retail column while mine it picks from the column of gross value. So in this way my sale is always less then purchased one which in reality is equal. If I keep it the same value then my closing stock increase. How can I solve this problem? Should I feed the fix retail value in gross amount? If I do like this my sale will be sale of the retailer to whom I supply. It may effect my income and income tax at the end. Please guide. Thanks in advance.

  • @waqarali-iw8rp
    @waqarali-iw8rp 3 года назад

    SIR G
    1 QUESTION THA K AGR KOI FIXED PURCHASE KARY COMPANY TO WO ANNEX A MAY HI AY GA NA K KOI HOR SEPREATE HEAD HAI FIXED ASSETS KA . HAI TO PURCHASE HI HAMARI .

    • @faheempracticallearning
      @faheempracticallearning  3 года назад +1

      In sale tax return it is part of purchase, but in accounting side, it is part of fixed assets

    • @waqarali-iw8rp
      @waqarali-iw8rp 3 года назад +1

      @@faheempracticallearning CAN I TAKE IN S,TAX RETURN ( WHICH ANNEX )

    • @faheempracticallearning
      @faheempracticallearning  3 года назад +1

      @@waqarali-iw8rp if purchased from registered supplier then it will be auto reported in annex a

    • @waqarali-iw8rp
      @waqarali-iw8rp 3 года назад +1

      @@faheempracticallearning OK SIR THANKS LAST QUESTION PLZ IF FIXWS ASSETS INVOICE IN ANNEX A THAN WE UPLOAD IT ALSO TICK IN FIXED ASSETS SEND SCREEN SHOT

    • @faheempracticallearning
      @faheempracticallearning  3 года назад

      @@waqarali-iw8rp yes, but system not allowed.

  • @sheikhehsanelahi8870
    @sheikhehsanelahi8870 3 года назад +1

    3rd secdule item ko group me share kr den jazakAAllah.and what about edible oil

  • @nicknack5743
    @nicknack5743 3 года назад +1

    Sir third schedule aur baqi schedule items ka pata kaise chalta hai.

    • @faheempracticallearning
      @faheempracticallearning  3 года назад +1

      All categories items mentioned in different schedules.

    • @nicknack5743
      @nicknack5743 3 года назад +1

      @@faheempracticallearning tou kia aap retail store ke liay in lists ke location bata sakte hain. Thanks

    • @faheempracticallearning
      @faheempracticallearning  3 года назад

      @@nicknack5743 pls check sale tax act 1990 from 1st to 7th schedule

    • @faheempracticallearning
      @faheempracticallearning  3 года назад

      All items mentioned fins your required

  • @ghulamhaider5425
    @ghulamhaider5425 2 года назад +1

    Sir what about reduce rate in third schedule items.

  • @userfriendly
    @userfriendly 3 года назад +1

    Sir ab agar shop keeper se koi register firm GST invoice mangti he to phir kia ho ga hum mazeed GST add karey ge sale price me

    • @faheempracticallearning
      @faheempracticallearning  3 года назад

      Pls check today I have upload new lecture on this topic

    • @ishtiaqdilshad4445
      @ishtiaqdilshad4445 2 года назад +1

      Sir agar manufacturer retail sale kar raha hai yani un registered ko tab to further tax lagega kioun ke sales tax me jaise hi may feed ksrta hun to automatamicly utha leta hai

    • @faheempracticallearning
      @faheempracticallearning  2 года назад

      @@ishtiaqdilshad4445 if 3rd schedule then no

  • @bali625
    @bali625 3 года назад +1

    Mashallah (sir please share the list schedule wise) pleas chk the whtsapp

  • @ahmadnawaz7552
    @ahmadnawaz7552 3 года назад +1

    poooor audio quality