VAT, Customs & Tax Advisory

VAT, Customs & Tax Advisory

  • VAT, Customs & Tax Advisory
  • VAT, Customs & Tax Advisory
  • VAT, Customs & Tax Advisory
  • VAT, Customs & Tax Advisory

BLSS regularly advises both local and foreign clients on taxation matters in a comprehensive approach and its area of practice includes Income Tax, Value Added Tax and Customs matters. In addition to representing clients before Courts, Tribunals and relevant offices, BLSS also provides registration, licensing, filing and other secretarial services in relation to these issues.

What BLSS does for its clients/ BLSS offers:

 

VAT:

  • Assisting in Value Added Tax Registration/ Business Identification Number Certification
  • Advising on availing VAT Exemptions and different SRO benefits
  • Advising and assisting obtaining clarification regarding legal interpretations from NBR
  • Advising on availing/ obtaining SRO benefits for Public Private Partnership (PPP)/ Hi-Tech Park/ Economic Zone/ Export Processing Zone entities
  • Preparing & filing Monthly VAT Return (Mushok 9.1)
  • Conducting VAT health checkup including VAT Deduction at Source
  • Advising and assisting in Advance Tax (AT) Refund and Cash back
  • Assisting in Adjustment of Balance from Current Account Register (Mushok 18) to Mushok 18.6 under the new VAT law regime
  • Advising and assisting in VAT assessment, documents preparation & review and attending hearing on behalf of client
  • Advising on obtaining export and deemed export benefit for contractors, sub-contractors and other relevant entities
  • Providing consultation on NBR approved VAT Software

CUSTOMS:

  • Rendering Customs Assessment & Consignment Clearance related Legal, Advisory and secretarial services.
  • Availing Customs duty exemption and approval
  • Advising on H.S. Code determination
  • Advising on obtaining clarification regarding legal interpretations from NBR
  • Advising/ assisting in Obtaining Advance Ruling on H.S. code
  • Assisting/ advising on Customs Duty Compliance and obtaining SRO Benefits
  • Assisting in obtaining SRO benefits for Public Private Partnership (PPP)/ Hi-Tech Park/ Economic Zone/ Export Processing Zone entities
  • Assisting in availing Duty Drawback and Refund
  • Assisting in obtaining customs SRO benefits
  • Advising on project based duty exemption
  • Advising on temporary importation
  • Advising on entrepot trade 

 

 BOND:

  • Advising in Obtaining Bond License
  • Assisting in renewing of Bond License
  • Representing in cases related to bond issues
  • Advising/ assisting in other regular bond related activities
     

INCOME TAX:

  • Reviewing and submitting Income Tax Return
  • Advising on withholding tax
  • Preparing monthly TDS & Salary TDS return and submission to the concerned authority
  • Assisting in Income tax computation and return submission
  • Assisting in obtaining income tax clearance certificate
  • Assisting in assessment before Deputy Commissioner of Taxes and higher levels
  • Advising/ assisting in obtaining SRO benefits for Public Private Partnership (PPP)/ Hi-Tech Park/ Economic Zone/ Export Processing Zone entities
  • Representing clients in proceedings before the Divisional Office and Tribunals
  • Assisting in availing tax exemption and approval