Sales Tax Instructions

Sales Tax Instructions, 2009
(i)
(ii)
(iii)
(iv)
(v)
(vi)
the payment has been verifiably transferred through banking channels
from the business account of the buyer to the business account of the
seller as specified in section 73 of the Sales Tax Act, 1990;
the invoice relating to the transaction contains the full and correct name,
address and registration number of both the supplier and the buyer
besides other particulars specified in section 23 of the Act;
the amount of tax involved has been paid;
the transaction does not involve any closed, de-registered or
blacklisted/suspended registration person;
no case of tax fraud has been made out against the buyer or the seller;
and
in case the delay is more than 60 days (beyond the prescribed period of
120 days specified in section 73), the Collector of Sales Tax concerned is
satisfied that the delay is genuine and due to circumstances beyond the
control of the applicant.
3. By means of this order, all cases of delay of upto 60 days stand condoned
automatically, provided the conditions at (i) to (v) above are fulfilled, and the taxpayers
do not have to approach any sales tax official for prior verification/certification. Such
verification will be done at the time of audit. However, in case of delay beyond 60 days
(which should be rare in case of genuine business transactions), the condonation will
operate only when the Collector, after examining the case, is satisfied that the delay was
genuine and due to circumstances beyond the control of the applicant.
[Issued by the C. B. R., Islamabad, under the signature of Dr. Ashfaq Ahmed Tunio,
Secretary (ST-L&P), vide File C. No. 3(3)ST-L&P/2004.]
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C. NO. 3(13)STP/96 DATED 30 TH APRIL, 2004
SUBJECT:-
ISSUE REGARDING COTTON GINNING INDUSTRIES
I am directed to refer to your letter C.No.33/Law/ST/Pt/2117 dated 5 th April,
2004 and to say that the Board is pleased to make the following observations on the
issues mentioned in your letter.
Issue-1
SALES TAX LEVIABLE ON
THE SUPPLIES OF COTTON
GINNING WASTE
The Board agrees that no
exemption be given on waste
cotton. But the rate or value be
fixed on per KG basis. Collectors,
Multan and Hyderabad may