Five leading telecom companies are regularly filing Single Sales Tax Returns (SSTR) notified by the Federal Board of Revenue (FBR).
A report of the FBR on “SSTR” stated that in pursuance of the Government’s desire to facilitate taxpayers, promote ease of doing business, and reduce compliance costs, FBR in collaboration with Provincial Tax Administrations has launched a Single Sales Tax Return (SSTR) for the telecom sector across all jurisdictions vide circular dated 1st February 2024.
Consequently, all 5 telecom companies i.e. Pakistan Telecommunication Company Ltd (PTCL), Pakistan Mobile Communications Limited (Jazz), Telenor Pakistan Limited, Pak Telecommunication Mobile Limited (Ufone), Telenor Pakistan Ltd, and China Mobile Pakistan (Zong) have been filing their return for all jurisdictions through the Single Portal since February 2024. Negotiations are underway with other sectors for national rollout.
FBR has notified a Single Portal Committee comprising representatives of FBR and Provinces to ensure smooth and effective implementation of SSTR, FBR added.
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