According to the FBR, 114,405 Sales Tax Returns have been submitted via the National Sales Tax Return (NSTR) as of January 1, 2019, compared to 161,379 in December 2021. In December 2020, there were 159,503 sales tax returns submitted.
” As a result, all remaining Sales Tax Registered Persons are urged to submit their returns by the extended deadline, as the FBR will not allow any additional extensions. Taxpayers are also advised to submit their refund claims as soon as possible, utilizing this digital option,” according to the statement.
Some taxpayers complained about difficulty submitting the new NSTR once it was introduced in January 2022. The majority of these problems arose as a result of the new system’s early learning curve and lack of comprehension.
FBR has taken a number of initiatives to ensure a seamless transition, including ongoing engagement with various tax bar organizations to educate tax practitioners, the uploading of video lessons, and the posting of Frequently Asked Questions (FAQs) on the FBR website. Additionally, a new “Complaint” page has been introduced to IRIS, allowing taxpayers to file their grievances directly rather than calling the FBR hotline.
FBR created the NSTR to make it easier for taxpayers who had to submit several Sales Tax Returns with FBR and various provincial sales tax agencies. This creative intervention is aimed at streamlining the filing process and decreasing data input, as part of the company’s continual effort to guarantee ease of doing business. It’s also aimed to eliminate computation mistakes by including several built-in features.