VAT % on Transactions

If I purchase any materials from any unregistered dealers, I think I need not to pay any VAT to URD but need to deposit Purchase Tax as per the Full Tax Rate of the Products as specified under the Schedule.

Please correct me if I'm wrong.

Similarly, In the cases of Sales Transaction, as per me we should charge full tax as well.

Request for an expert comments.

Replies (1)

You are right .But on a safer side dont deal with unregistered Dealers .If a Dealer does not have TIN please lock the customer account immediately

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