Question:

When Pakistan Sales tax becomes payable in case of progressive or periodic supply

by Guest1873  |  12 years, 9 month(s) ago

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My cousin is collecting information on sales tax. We were searching last day in university. I want to know When Sales tax becomes payable in case of progressive or periodic supply

 Tags: Pakistan, payable, periodic, progressive, Sales, supply, tax

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  1. Guest3586
    Where a progressive or periodic supply is treated in Pakistan sales tax as a series of separate supplies, each such supply is treated as being made on the earliest of:⎯(a) if separate invoices are issued for each such supply, the date on which the applicable invoice is issued;(b) the date on which the payment corresponding to the supply is due;(c) the date on which any part of the payment corresponding to the supply is received;(d) the first day of the period, if any, to which the progressive or periodic payment relates; or(e) the first day on which the recipient is able to use or enjoy that supply.

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