Sales Tax Instructions

Sales Tax Instructions, 2009
2. It is assumed that the aforesaid clarification would have resolved the
issues, which are claimed to have arisen due to substitution of section 73 of the
Sales Tax Act, 1990, and that all the apprehensions of trade have been laid to rest.
[Issued by the CBR, Islamabad under the signature of Dr. Fareed Iqbal Qureshi,
Secretary (STB), addressed to the Chamber of Commerce and Industry, All Pakistan Textile Mills
Association and All Pakistan Textile Processing Mills Association.]
********
C.No. 1(57)STT/97 DATED 23 RD JULY, 2003
SUBJECT:-
ASSESSABLE VALUE OF DI-AMMONIUM PHOSPHATE
(DAP) FOR THE PURPOSE OF LEVY OF SALES TAX.
I am directed to refer to the subject noted above and to say that the matter of
fixing value of Di-Ammonium Phosphate (DAP) for the purpose of levy of sales tax is
under consideration. Meanwhile, Di-Ammonium Phosphate (DAP) imported and bills of
entry filed thereof on and after 24.07.2003 may be assessed at value US$ 180/-per metric
ton for the purpose of levy of sales tax thereon against furnishing of undertaking that in
case the decision is not made in favour, the importer shall pay differential amount of sales
tax immediately.
[Issued by the CBR, Islamabad under the signature of Mr. Mazoor Hussain Memon,
Secretary (STT) addressed to all the Collectors.]
********
SALES TAX RULING/INSTRUCTION No.17/2003
C.No.3(36)STP/99 (Pt-I) DATED 23 RD JULY, 2003
SUBJECT:-
PROOF OF PAYMENT UNDER SECTION 73 OF THE SALES
TAX ACT, 1990, FOR BANK DRAFTS / PAY ORDERS
OBTAINED FROM A BANK WHERE THE BUYER DOES NOT
HAVE AN ACCOUNT - SALES TAX RULING / INSTRUCTION
NO. 08/2003.
I am directed to refer to the subject cited above and to clarify that the crossed
bank draft or crossed pay order is to be obtained by the buyer from a bank in the same
city where the buyer is not maintaining an account with that particular bank but wherein
he has his bank account with any other bank.
2. It is pertinent to mention that the provisions of Section 73 of the Sales
Tax Act, 1990 have been substituted from 1 st July, 2003 and this clarification has also
ceased to exist for the purposes of transactions made with effect from 1st July, 2003.
[Issued by the CBR, Islamabad under the signature of Dr. Kamal Azhar Minhas
Secretary (ST- L & P), addressed to all the Collectors.]
********
C.NO. 3(36)STP/99 (Pt-I) DATED 24 TH JULY, 2003