Professional Diploma in Taxation – Sales Tax on Goods & Services – (PIM, Karachi)

INTRODUCTION

Sales Tax on Goods comes under Federal domain and on Services is a Provincial subject. Sales Tax being Indirect Tax is one of biggest source of Federal & Provincial Government revenue. Reasonably good knowledge of the subject helps business to save unnecessary cost and remain compatible in the market.

OBJECTIVES

• Introduce basic knowledge of Sales Tax on Goods & Services and develop concept.
• Develop awareness how to Charge Sales Tax and adjust Sales Tax paid by the business.
• Discuss how deal with Input & Output adjustments.
• Discuss concept of Zero-rated & Exempt Supplies.
• Highlight importance & benefits of Preparing & Filing Sales Tax return on time.
• Removal of misconception about claims / adjustments.
• Introduce Sales Tax planning within legal framework.
• Avoid penalties.
• Develop awareness of adjustment of Tax deducted / withheld.

PROGRAM CONTENTS

• Overview of FBR Sales & SRB Tax Portal
• Registration of businesses as new tax payer.
• Discussion of basic concepts and definitions.
• Tax Rates and Tax Credits.
• Tax Return – Date of Filing Return & Sales Tax Payment.
• Preparing Sales Tax Return on FBR Software.
• Sales Tax Refund
• Assessments

METHODOLOGY

Lectures, group discussions, assignments, case studies.

PROGRAM DURATION/DAYS

The program is of 3 months duration. Classes will be held on Sundays during 10am to 04pm.

PARTICIPANT PROFILE

• Tax Managers
• Accounting & Finance Managers
• Persons dealing with tax matters in functions other than Accounting & Finance.
• Sales and Product development Managers
• All those who work on Sales tax in both private and public sector organizations

LEARNING INVESTMENT

The fee for the entire program is Rs. 41,000/- (SST will be applicable on all training programs held in Sindh).

TRAINER PROFILE

Enver A. Ferzan – FCA, MBA & Member Karachi Tax Bar

• Currently running his own Tax consultancy through Ferzan & CO chartered Accountants.
• Served Industry for 30 years.
• Worked as CFO & Company Secretary of Listed Companies.
• Conducted more than 150 Courses for MBA, BBA, CA, ICMA, ACCA courses in frontline Universitas and Professional Bodies.
• Conducted various workshops, seminars and training sessions with various institutes including PIM.

For details and registration please contact

Diploma Office, Management House, Shahrah Iran, Clifton, Karachi
Voice Dir: (+9221) 99251 669 EPABX: (+9221) 9925 1711-14 Fax: (+9221) 9925 1715-16
Cell: 0312-2464634 & 0333-3028660, E-mail: diplomakhi@pim.com.pk