Sales Tax Instructions

Sales Tax Instructions, 2009
I am directed to refer to the minutes of the meeting held with Pakistan Steel
Melters Association (PSMA) on 9 th May, 1998, circular vide Board‘s letter
C.No.4(20)STB/98, dated 19.5.1998, and to state that it has been decided that assessable
value of steel ingots for sales tax purposes may be taken at a value that is less than
Rs.1000 per metric tonne from the value of the billets of Pakistan Steel Mills for the
comparable specifications.
[Issued by the CBR, Islamabad under the signature of Mr. Akhtar Ali, Secretary (Sales
Tax) addressed to all the Collectors of Sales Tax.]
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C.No.1(33)STP/93 DATED 26 TH MAY, 1998
SUBJECT:-
EXEMPTION OF ADDITIONAL TAX AND PENALTIES UNDER
S.R.O.481(I)/98 UPTO 30.5.1998.
I am directed to refer to M/s S.M. Associates, Karachi‘s letter
No.SMI/GST(EAST)886 dated 05.05.1998 on the above subject and to clarify that
Notification No.SRO 481(I)/98 dated 21.5.1998 seeks to exempt additional tax payable
under section 34 of Sales Tax Act, 1990 and penalties payable under section 33(1)(cc)
and section 33(2) of the said Act on such of the principal amount of sales tax as is paid
during the period from 21.5.1998 to 30.05.1998 subject to the conditions specified
therein.
2. Subject to what has been stated above, the said notification applies even
to the cases presently under audit, under adjudication, under appeal or under litigation.
However, for steel sector, your attention is also invited to the minutes of the
meeting held at Lahore on 09.05.1998 and CBR‘s letter No.4(20)STB/98 dated
25.05.1998.
3. The aforesaid clarification may be brought to the notice of all concerned.
[Issued by the CBR, Islamabad under the signature of Mr. Akhtar Ali, Secretary (STP)
addressed to all the Collectors of Sales Tax. Copy endorsed to M/s S.M. Law Associates,
Karachi.]
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C. NO.3(62)STP/97-Pt.2 DATED 5 TH JUNE, 1998
SUBJECT:-
CLARIFIACATION OF QUESTION ABOUT SALES TAX
AMONG OUR MEMBERS.