Sales Tax Instructions

Sales Tax Instructions, 2009
(4) On clearance of the instrument, the Bank official shall sign and stamp the return
indicating the date on which the payment is received by the Bank and the said date shall be
treated as the date of payment of tax and submission of tax return.
6. Payment of Service Charges to the Bank. -- (1) The Bank shall charge ten rupees per
return (including Nil payment returns) as service charges from the Collectorates having
jurisdiction in the area where the bank branches are located.
(2) For the purpose of claiming service charges referred to in sub-rule (1), the Manager of
the main branch of the Bank shall submit the claim to the Assistant Collector, Assessment and
Processing Division of the concerned Collectorate in the first week of the following month
supported by a statement in the form as at Annex ―B‖, indicating date, number of returns
received, number of returns submitted to the Collectorate, amount of sales tax collected and
amount of sales tax deposited in the State Bank of Pakistan.
(3) The Assistant Collector, Assessment and Processing Division shall verify the statement
submitted under sub-rule (2) from the Accounts Section of the Collectorate and from his own
record and where the claim is in order and the Assistant Collector is satisfied that the Bank has
fulfilled its responsibility under clause (iv), (v) a and b of the Agreement, he shall sanction the
claim and issue a cheque within a week from the date of submission of the claim. Provided that in
case of delay by the Collectorate, it shall pay penalty @15% per annum fro the amount late
sanctioned.
(4) If the Bank fails to fulfill the conditions specified in clause (iv), clause (vi), a, or b, of the
Agreement, the Assistant Collector shall deduct the amount of penalty leviable thereunder on the
Bank at the rate of 15% per annum against the amount late deposited in the State Bank of
Pakistan from the service charges admissible to the Bank.
(5) If the returns are not submitted to the Collectorate within forty-eight hours of the receipt
of returns in the designated branches of the Bank, the service charges in respect of the returns
submitted late shall also be deducted and the remaining amount, if any, shall be sanctioned by the
Assistant Collector and cheque thereof will be issued to the Bank.
(6) For deduction of any amount under sub-rule (4), the Assistant Collector shall intimate
the Bank the reasons thereof within seven days of deduction.
(7) Where it is not clear whether deduction should be made, the Assistant Collector shall
require the Bank clarification before taking a decision.
(8) All public holidays and the number of days the Collectorate is prevented from functioning
due to the factors beyond its control shall be excluded while calculating delay in sanctioning the
claim for service charges.
(9) Where the Assistant Collector requires any clarification from the Bank, the time taken by
the Bank for this purpose shall be excluded from the time specified for sanctioning the service
charges claim.
GOVERNMENT OF PAKISTAN
SALES TXA RETURN-CUM-PAYMENT CHALLAN