Sales Tax Instructions

Sales Tax Instructions, 2009
2. However, it may be clarified that prior to the Budget 2002-03, if the
registered person was running his taxable business on a rented or leased premises in
respect of which electricity meter was not in the name of owner of such premises, the
registered consumer was not entitled to claim input tax adjustment until the meter had
been changed in his name or in the name of the owner of the rented or leased premises.
The condition of mentioning registration number of the registered person on the electric
power bill in cases where the meter was in the name of owner of the rented or leased
premises was obligatory even prior to the Budget 2002-03.
[Further clarified by letter C.No.1(3)STR/2000 dated 02.10.2002.]
[Issued by the CBR, Islamabad under the signature of Mr. Iftikhar Ahmed Qutab, Chief (Sales
Tax-III), addressed to Mian Muhammad Latif, Chairman, ChenOne Stores (Pvt) Ltd., Nishatabad,
Faisalabad.]
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C.NO. 1(3)STR/2000 DATED 2 ND OCTOBER, 2002
SUBJECT:-
CLARIFICATION REGARDING CLAIM OF INPUT TAX
AGAINST ELECTRICITY BILLS BY A UNIT ENGAGED IN
RETAIL SALES ACTIVITIES.
I am directed to refer to Board‘s letter of even number dated 24 th September,
2002 on the above subject and to state that the interpretation given in paragraph 2 of the
said letter is only explanatory in nature and does not effect the ‗retrospectivity‘ of the
amendments made in the Special Procedure for Collection and Payment of Sales Tax
(Electric Power) Rules, 2000, vide SRO 344(I)/2002, dated 15 th June, 2002.
[Issued by the CBR, Islamabad under the signature of Mr. Iftikhar Ahmed Qutab, Chief
(Sales Tax-III) addressed to Mian Muhammad Latif, Chairman, ChenOne Stores (Pvt) Ltd.,
Nishatabad, Faisalabad.]
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C.NO. 2(1)STP/97 DATED 3 RD OCTOBER, 2002
SUBJECT:-
ADJUSTMENT OF CARRIED FORWARD INPUT TAX CREDIT
AGAINST UNPAID OUTSTANDING AMOUNT OF TAX
(ARREARS).
I am directed to refer to the subject noted above and to say that it has been learnt
that in some Collectorates, adjustment of arrears against the amount of carry forward is
allowed. Such permission/practice is fraught with chances of liquidating arrears without
actual verification as to whether or not carry forward amount claim is correct. There are
chances that input tax has already been consumed, but the carry forward is shown by
understating the prices of finished items.
2. In view of the above mentioned situation, the Collectors are advised to