Sales Tax Instructions

Sales Tax Instructions, 2009
4. In view of the above considerations, Board is pleased to direct that all
goods, whether taxable under section 3 or exempt under section 13 are to be subjected at
zero-rate of sales tax on their export as per provisions of section 4 of the Act. Payment of
refund shall be governed under SRO 417(I)/2000, dated 20.06.2000. The aforementioned
rulings may therefore, be treated as modified accordingly, and the past practice of
sanction of sales tax refund to sales tax registered exporters on the packing material used
in packing of exported rice may be continued.
[Issued by the CBR, Islamabad under the signature of Dr. Ashfaq Ahmed Tunio,
Secretary ST-L&P addressed to all the Collectors.]
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SALES TAX RULING/INSTRUCTION No. 50/2002
C.No.3(1)STP/98 DATED 12 TH JULY, 2002
SUBJECT:-
ADJUSTMENT OF SALES TAX ACT AGAINST DEBIT AND
CREDIT NOTE VIDE SRO 696(I)96.
I am directed to refer to your letter No.AG-2592, dated 04.06.2002 on the subject
cited above and to say that under sub-rule (3) of Rule 2 of the Debit & Credit Note and
Destruction of Goods Rules, 1996 the supplier shall issue a Credit Note on receipt of the
goods returned by the buyer and the Debit Note. This implies that the Credit Note must
be issued immediately upon receipt of the returned goods and the Debit Note.
2. Under sub-rule (3) of Rule 3, the supplier shall reduce the amount of
output tax in the return for the tax period in which the goods were received. This can only
be done if the Credit Note is issued in the same month. Thus the time limit for issuance of
Credit Note is clearly specified in the aforesaid Rules, starting from the receipt of the
returned goods and the Debit Note till the last day of that calendar month.
[Issued by the CBR, Islamabad under the signature of Dr. Ashfaq Ahmed Tunio,
Secretary ST-L&P addressed to M/s Packages Limited, Lahore.]
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