Sales Tax Instructions

(c)
(d)
Sales Tax Instructions, 2009
in their turnover tax returns. This would be treated as final
discharge of tax liability under Income Tax Ordinance and the
Tax payer will not be required to file the return of total income
under section 55 of the Ordinance. However, where this 1% tax
is less than the tax paid/payable on the last assessed income, the
taxpayers will be required to pay the differential amount of tax.
Section 143-B of the Income Tax Ordinance, 1979, has been
amended and the turnover taxpayers enrolled un- der section 3A
of the Sales Tax Act, 1990 are not required to file income tax
return and can, instead, file a brief statement under section 143-B
of the Income Tax Ordinance, 1979.
The clause (24) of Part IV of the Second Schedule has been so
amended that no action will be taken under income tax law prior
to assessment year 2000-2002 on account of suppression or nondeclaration
of sales detected on the basis of sales tax return filed
by the person registered under Sales Tax Act. The year 1999-
2000, used in paragraph 3 of the Sales Tax General Order No.
4/99, may be amended to read as 2001-2002 accordingly.
(21) Common Tax Identifier (CTI).—The provisions of section 20 of the
Finance Act, 1999 may be carefully studied. Further instructions in this
regard shall be issued by Tax Policy Wing of CBR or the Computer
Section of the Sales Tax Wing of CBR.
B. New Exemptions
Serial Nos. 51 to 56 and entries relating thereto have been added to the Sixth
Schedule to the Act, to grant exemption to (i) one passenger vehicle but in CBU
condition imported under the NRI Scheme; (ii) motor vehicles meant for
transportation of persons on payment of customs duty in foreign exchange in
terms of Table I of Section 18 of the Finance Act, 1999; (iii) cattle feed of PCT
heading 2309.9000 imported by fertilizer factories manufacturing phosphatic
fertilizer; (v) import of chemical inputs (not manufactured locally and also of the
specified headings of Chapter 29 of PCT) for agricultural pesticides produced in
Pakistan; (vi) bricks and cement blocks; (vii) supply of CNG Conversion Kits
(N.B. Supply of CNG kits prior to 1.07.1999 remains taxable and the tax should
be recovered immediately); and (viii) imported machinery and equipment,
specified in Table-III of section 18 of the Finance Act, 1999 and imported during
1999-2000.
The conditions of all the aforesaid exemptions, as given in the Sixth Schedule,
should be carefully studied.
C. Other changes in the Sixth Schedule:
(1) The word ―etc.‖ used in clauses (i) and (vi) of Sl. No. 1 of the Sixth
Schedule, has been omitted to remove doubts and disputes and also to
make provisions of exemption as specific ones;