Sales Tax Instructions

Sales Tax Instructions, 2009
BOTH DATED 5 TH MAY, 2004.
I am directed to refer to the subject cited above and to say that the Federal
Government has been pleased to extend the date of validity of the aforementioned SROs
till 30 th June, 2004 (copies of amending notifications enclosed).
2. The Collectors are advised to widely publicize the government‘s
initiative to facilitate the taxpayers by devising measures to mitigate their hardships,
freeing up revenue stuck up in litigation and encouraging registration of retailers. The
SROs have been amended to incorporate the issues raised and obstacles pointed out by
the trade at large:-
(i)
(ii)
Under the amended SRO 247(I)/2004, the date of facility has been
extended upto 30 th June, 2004. It also incorporates an extended facility
for extreme hardship cases. Where the additional tax has exceeded the
principal amount, the registered person is allowed to discharge his
liability by paying principal amount and additional tax equivalent to 25%
of the principal amount. Similarly, to ensure equity in cases where only
an amount of penalty is outstanding, he is entitled to avail the benefit by
paying 25% of the amount of penalty to settle his dues. The amendment
has also been done to free the business mind from issued of litigation.
Hence, the discharge of liabilities under the SRO shall not be taken as a
basis of assessment for income tax purposes.
The second SRO is aimed at encouraging retailers to get registered and
avail the benefits of simplified procedure envisaged under the newly
introduced retail tax scheme. SRO 246(I)/2004 has been extended till
30 th June, 2004. It also envisages total exemption from audit of record
prior to registration if the retailer registers on or before 30 th June, 2004.
3. The taxpayers must be encouraged to avail the relief package, amended
on their demands, so that they may be freed from unnecessary litigation and past
liabilities, and be able to concentrate on productive activities with a free mind and ample
time.
[See also 3(11)ST-L&P/04,dt 18.05.04, 3(11) ST-L&P/ 04, dt 7.6.04, 1(18)STP/2002 dt25.5.04,
3 (10)St-L&P/2003, dt 7.6.04]
[Issued by the CBR., Islamabad, under the signature of Mr. Aamer Amin Bhatti,
Secretary (ST-L&P), addressed to the Collector of Sales Tax]. Copies of amending Notification
rare reproduced below:-
Notification No. S.R.O. 525(I)/2004, dated 21 st June, 2004. -- In exercise of the powers
conferred by clause (a) of sub-section (2) of section 13 and section 34A of the Sales Tax Act,
1990, following amendments shall be made in the Notification No. S.R.O. 246(I)/2004, dated the
5 th May, 2004, namely:-