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Sales Tax Instructions

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<strong>Sales</strong> <strong>Tax</strong> <strong>Instructions</strong>, 2009<br />

seem to be under the impression that if the registered person continuously has carried<br />

forward for 12 months, whatever carry forward amount is claimed at the end of that<br />

period is refundable. But this is not the case. The balance excess amount has to be<br />

calculated on the principle of FIFO (first-in-first-out). Thus, if an excess amount arises in<br />

a particular month, it would be refundable only if it is not fully adjusted within the<br />

subsequent 12 month period.<br />

3. Collectors are therefore, advised to audit/investigate such claims of<br />

nominal value addition and not to allow refunds unless the excess amount is carried<br />

forward for a complete 12 month period as required by the law.<br />

[Issued by the CBR., Islamabad, under the signature of Dr. Ashfaq Ahmed Tunio,<br />

Secretary (ST-L&P), addressed to the Collector of <strong>Sales</strong> <strong>Tax</strong>, Large <strong>Tax</strong>payers Unit, Karachi, the<br />

Collector, <strong>Sales</strong> <strong>Tax</strong> & Central Excise, Peshawar /Rawalpindi/Lahore/Gujranwala, the Collector,<br />

<strong>Sales</strong> <strong>Tax</strong> House (Enforcement/HQ /Audit), Karachi, the Collector, Customs, Customs, <strong>Sales</strong> <strong>Tax</strong><br />

& Central Excise, Hyderabad/Multan/Quetta and the Collector, Collectorate of <strong>Sales</strong> <strong>Tax</strong>,<br />

Faisalabad.]<br />

********<br />

C. NO.2(1)STP/2000(Pt.) DATED 24 TH FEBRUARY, 2004<br />

SUBJECT:- PENDING REFUND CASES SUBMITTED BEFORE 18.12.2003<br />

I am directed to enclose a copy of a representation received from Gujranwala<br />

Association of Textile Exporters stating that their refund claims are held up for want of<br />

the requirements under Board‘s letter C. No.5(147)ST/Int. Audit/2002 dated 18.12.2003.<br />

2. In this connection, it is informed that Board has already decided that the<br />

conditions of the aforesaid letter shall be applicable only to refund claims filed on or after<br />

18.11.2003 in case of Karachi, and 18.12.2003 in case of other Collectorates.<br />

3. It is therefore, advised to dispose off the pending refund claims<br />

accordingly.<br />

[Issued by the CBR., Islamabad, under the signature of Dr. Ashfaq Ahmed Tunio,<br />

Secretary (ST-L&P), addressed to the Collector, <strong>Sales</strong> <strong>Tax</strong> & Central Excise, Gujranwala.]<br />

********<br />

C. NO.3(36)STP/99(Pt.-A) DATED 28 TH FEBRUARY, 2004<br />

SUBJECT:- APPLICATION OF PROVISIONS OF SECTION 73 OF THE<br />

SALES TAX ACT, 1990.<br />

I am directed to refer to Board‘s letter of even number dated 28.01.2004 on the<br />

above subject and to state that the provisions of Section 73 of the <strong>Sales</strong> <strong>Tax</strong> Act, 1990 as<br />

substituted vide Finance Act, 2003 will remain in abeyance till 30 th June, 2004. During

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