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Under the Sindh Revenue Authority Act, 2011, what constitutes a.
Question
- A. Only businesses with annual turnover exceeding Rs. 5 million.
- B. Any individual or entity making taxable supplies in Sindh.
- C. Only registered companies with a physical presence in Sindh.
- D. Only individuals involved in importing goods into Sindh.
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correct Answer ( B )
The 2011 Sindh revenue authority Act defines broadly a ‘taxable person’ , which means any person or entity involved in making taxable supplies within the province of Sindh . This includes businesses involved in manufacturing, selling, importing or providing services subjected to sales tax under the Act . It is crucial to understand this definition as it determines who is liable for registration under the SRA and subsequent tax obligations . Failure to register as a taxable person if legally obligated can result in penalties and legal re