Sales Tax Instructions

Sales Tax Instructions, 2009
(xiv)
Separate / special penalties upto 50% of the tax involved may be prescribed under
section 33 for issuing as well as for using flying invoices as majority of beneficiaries
of flying invoices have knowledge to the effect that the invoice is flying.
The Collectorate of Sales Tax, Faisalabad has detected following cases in which phenomenon of
flying invoices was found in one way or the other:-
S. Name of the unit Sales Tax involved Remarks
No.
(in million)
1 M/s. Nishat Mills
Ltd., Faisalababd.
54.576 Pending in Appellate
Tribunal
2. M/s. Bismillah Textile 50.000 Recovered
Mills, Faisalabad.
3. M/s. Arzoo Textile
Mills, Faisalabad.
4. M/s. Raza Nazir & 10.500 Recovered
Co., Faisalabad.
5. M/s. Pacific Trading 8.000 1.1 millin recovered
Industry
6. M/s. Weavetex
51.277 Pending in Tribunal
International
7. M/s. Rabia Textile 22.119 Pending in Tribunal
[Issued by the Collectorate of Sales tax, Faisalabad, under the signature of Mr.
Muhammad Ashraf Khan, Collector, addressed to the Member (Sales Tax), Central Board of
Revenue, Islamabad.]
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C.No.3(36)STP/99 DATED 27 TH JUNE, 2001
SUBJECT:-
IMPLICATIONS OF THE NEWLY ADDED PROVISO IN
SECTION 73.
I am directed to refer to the above subject and to say that some queries have been
raised by certain quarters whether under the new proviso to section 73 of the Sales Tax
Act, 1990 added by the Finance Ordinance, 2001 a registered person who makes taxable
supplies for a sum exceeding fifty thousand rupees to an unregistered person, charging
further tax thereon, but not receiving payment through banking channels, would be
deprived from adjustment or refund of input tax adjustment.