Tax Pakistan

Determine the Sales Tax Amount, Withholding Sales Tax Code used, and Witholding Sales Tax Amount. All of the question is for service transaction.

Assume the vendor in Federal Income Tax is Company Active, Federal sales tax is Company Registered-Active, and the sales tax in mentioned province is Company Registered-In Active

• 181.82-R3-181.82

• 181.82-R4-90.91

• 90.91-R3-90.91

• 1961.54-R4-980.77

• 1961.54-R3-1961.54

Determine the Sales Tax Amount, Withholding Income Tax Code used, and Witholding Income Tax Amount. All of the question is for Goods transaction

Assume the vendor in Federal Income Tax is Company In-Active, Federal sales tax is Company Registered-Active, and the sales tax in mentioned province is Company Registered-In Active

• 1961.54-NI-176.54

• 1961.54-FC-78.46

• 1961.54-FI-88.27

• 1961.54-NC-156.92

• 1961.54-NC-1080

Gi-Hun rent his property to PMPKL. The rental amount per month is PKR 100,000. The contract said we will paid monthly the rental for 11 months. There is security deposit amount PKR 50,000. How much is the WHT for only Q2?

• 17727.27

• 18750

• 18875

• 17863.64

• 19227.27

In February 2021, Company Shang Chi's revenue which located in Mardan, Khyber Pantunkhwa are shown as below

a. Cleaning and Gardening Building = 50,000 PKR

b. Telecommunication Service = 500,000 PKR

c. Installation Pump = 700,000 PKR

Which types of revenue are subject to witholding sales tax?

• A and B

• B and C

• A and C

• All of the above option

• Only A

Pertamina is a registered company active headquarter is in Karachi, Sindh. However Pertamina company also have the plant in Lahore, Punjab and they receive mechanical service for their plant machine there. What is the applicable witholding tax treatment for this transaction?

• WHT IC=3%,WHT ST=0%

• WHT IC=3%,WHT ST=20% of ST

• WHT IC=6%,WHT ST=100% of ST

• WHT IC=6%,WHT ST=Non Taxable Service

• WHT IC=6%,WHT ST=20% of ST

Determine the Withholding Sales Tax Code and amount

Assume the vendor is Registered Company.

• R4-521.50

• R4-3998.5

• R3-1043

• R5-1043

• R1-208.6

Determine the transaction detail in tax code, rate that applied for Withholding Income Tax and calculate the WHT Income Tax

(Assume the vendor’s status is Individual Active)

• II-3%-13500

• IN-8%-36000

• IN-20%-90000

• IN-10%-45000

• II-6%-27000

Determine the transaction detail in tax code, rate that applied for Withholding Income Tax, and calculate the WHT Income Tax. (Assume the vendor’s status is Company Filler).

• IM-FC-349.84

• IL-FC-1203.9

• IL-FI-1504.88

• IL-FC-174.92

• IM-FC-2407.08

Company ABC (PVT) Ltd. rent office to PMPKL. The rental amount per month is PKR 241,577 for 11 months contract. There is no security deposit. The company is registered active in both federal sites from year 2000. How much is the WHT that will be deducted from Mar-Aug?

• 29030.61

• 174183.68

• 217419.3

• 87091.84

• 319336.75

If the sales tax invoice was issued on 23rd of May 2020 and posted on 23rd of October 2020, which of the following period was able to claim sales tax input as a tax credit?

• Within 6 months from 23rd of May 2020

• Within 6 months from May month in 2020

• Within 3 years from 23rd of May 2020

• Within 3 years from May month in 2020

• Within 3 years from May month in 2020 with approval from Federal Board revenue