The return of Nation Building Tax (NBT) for Quarter ended with December 31, 2019, is required to furnish on or before January 20, 2020.
Accordingly,
- any person/partnership who/which engages in the business of processing of any locally procured agricultural produce in the preparation for sale and his/its liable turnover exceeds twenty-five million (Rs. 25 Mn,) or,
- any other person whose liable turnover exceeds three million (Rs. 3 Mn), for the quarter ended with December 31, 2019 is liable for NBT on the liable turnover of the period from October 01, 2019 to November 30, 2019.
Further, turnover for the period from October 01, 2019 to November 30, 2019 is required to declare in the relevant cage under liable turnover and the turnover for the month of December 2019 is required to declare in cage “w” under non liable turnover of the NBT return.
