Sales Tax Instructions

Sales Tax Instructions, 2009
I am directed to refer to the working paper circulated at the time of Collector‘s
Conference (copy enclosed) and to say that the facility of waiver of further tax has now
been extended till 29.02.2004 by SRO 998(I)/2003, dated 23.10.2003. Following
guidelines are prescribed for compliance.
(i)
(ii)
(iii)
(iv)
The opening members of APTMA 2003 must provide the information for
the month of September and October 2003, by 15 th of November, 2003 as
per the prescribed formats;
Any member who fails to submit the information by the due date shall
cease to avail the benefit under the notification;
A meaningful analysis of the scheme is to be made as its outcome will let
the government decide future course of action, it is, therefore, directed
that a report of thorough and comprehensive analysis for the period
January to December, 2003 be submitted to the Board by 31 st January,
2003;
There are 516 textile units registered with the sales tax department, but
only 92 have shown value addition of 40% or more, while 121 units have
shown negative value addition. Therefore, detailed audit of all textile
mills showing less than 40% value increase be carried. This exercise be
also completed by 31 st January, 2003.
[Issued by the C. B. R., Islamabad, under the signature of Dr. Kamal Azhar Minhas,
Secretary (ST-L&P), addressed to the Collectors of Sales Tax and copy to M/s. APTMA, Karachi
and copy of Collector‘s Conference is reproduced below:-
WORKING PAPER ON WAIVER OF FURTHER TAX TO APTMA MEMBERS,
MANUFACTURERS OF SPUN YARN
Manufacturers of spun yarn who were APTMA Members also were given waiver of further tax
(and condition of bank transfer of payments. Sec. 73) on supplies made to un-registered persons,
initially for the period 1.1.03 to 30.4.03 (SRO. 966/02) which was extended to 31.08.03 (SRO.
469/03) and will be extended till 29.2.04.
BACKGROUND
This initial relief was given on experimental basis on the assurance of APTMA that sales tax
revenue would increase as supplies to unregistered persons would increase, which previously
were being shown as supplies to registered persons.
REQUIREMENT
UNDER SRO. 966/02 (for the period Jan. to April 03)
For supplies during a tax period, the registered persons were required to submit information to
the relevant Collectorate by 15 th of following month.
UNDER SRO. 469/02 (for the period May. to August 03)