Sales Tax Returns Chapter- 03
ICMAP PAST PAPERS THEORETICAL QUESTIONS
Q.NO. 5 (b) March 2015 XYZ Industries (pvt.) Limited has been established for many years and registered
under the Sales Tax Act, 1990. The Chief Financial Officer (CFO) of the company, Mr. Akram observed that
there is often delay and discrepancies in filing of sales tax return due to inexperienced staff regarding the
sales tax matters. He requested the Sales Tax Advisor of the company to train the staff of the sales tax
department.
Required:
Being the Sales Tax Advisor, guide the staff regarding the following queries in the light of the Sales Tax
Act, 1990:
(iii) Is there any provision in the Sales Tax Act, 1990 for a registered person to file a revised sales tax
return? Elaborate in the light of section 26(3) of the Sales Tax Act, 1990.